Microsoft vs America
Автор: Georg Rockall-Schmidt
Загружено: 2023-11-10
Просмотров: 48948
"Embrace, extend, extinguish." A phrase once used by Microsoft's executive suite to describe their strategy of weakening and consuming the competition. While Microsoft may have a well established reputation for anti-competitive ruthlessness, they've also been waging a war against the IRS for decades. They owe $29 billion to America, about $87 per person, because Microsoft has been evading taxes for years. Here's how.
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Sources
FORBES – 4 Trillion In Wealth Stored Offshore
https://www.forbes.com/sites/howardgl...
ITEP – Fortune 500 holding $2.6 trillion offshore (2017)
https://itep.org/fortune-500-companie...
CNBC – How Amazon, Nike, FedEx Etc Avoid Taxes
https://www.cnbc.com/2022/04/14/how-c...
FORTUNE – US Companies Are Holding More And More Cash Overseas (Paywall)
https://fortune.com/2022/08/05/us-com...
Microsoft – An Update On IRS Audit
https://blogs.microsoft.com/on-the-is...
ProPublica – The IRS Decided To Get Tough Against Microsoft – Microsoft Got Tougher
https://www.propublica.org/article/th...
Follow-Up Article (2023)
https://www.propublica.org/article/ir...
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