Microsoft in $29bn back taxes dispute in US
Microsoft in $29bn back taxes dispute in US
The IRS has been auditing how the firm allocates profits among countries and jurisdictions.
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M$ is worth ~$2.5T
They can afford to not give a fuck about $29B, but you just know they aren't going to pay that full amount in the end.
20 0 Reply29 Billion represents roughly 20% of their annual Gross Profit. That's a serious chunk of change, even for them.
14 0 ReplyTheir market cap isn't really relevant, it's not like that "value" is accessible to them, much less usable to pay their bills.
11 0 ReplyOhh no not this money, this is set aside for buying every other corporation ever.
5 0 ReplyThey can actually issue stock at the market rate to finance shit.
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Damn! I thought it was something like $50B. I mean, that sounds like a really huge amount.
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