Microsoft owes $29B in unpaid taxes, IRS claims
The Internal Revenue Service says Microsoft owes the U.S. Treasury $28.9 billion in back taxes, plus penalties and interest, the company revealed in a securities filing.
![Microsoft owes $29B in unpaid taxes, IRS claims](https://i.cbc.ca/1.6994968.1697201215!/fileImage/httpImage/image.jpg_gen/derivatives/16x9_620/microsoft-tax.jpg)
![A Microsoft store in New York, US, on Thursday, Oct. 12, 2023. Microsoft Corp. will appeal a decision by the US Internal Revenue Service that the software maker owes at least $28.9 billion in taxes related to how it allocated income and expenses among global subsidiaries from 2004 to 2013. Photographer: Yuki Iwamura/Bloomberg Pedestrians walk past a Microsoft sign outside a store in New York.](https://i.cbc.ca/1.6994968.1697201215!/fileImage/httpImage/image.jpg_gen/derivatives/16x9_620/microsoft-tax.jpg)
The Internal Revenue Service says Microsoft owes the U.S. Treasury $28.9 billion in back taxes, plus penalties and interest, the company revealed in a securities filing.