For Microsoft, $93B Abroad Means Avoiding $30B Tax Hit

For Microsoft, $93B Abroad Means Avoiding $30B Tax Hit 316

Posted by timothy on Saturday August 23, 2014 @04:12PM from the what's-billed-vs-what's-owed dept.

walterbyrd (182728) writes "Microsoft Corp. is currently sitting on almost $29.6 billion it would owe in U.S. taxes if it repatriated the $92.9 billion of earnings it is keeping offshore, according to disclosures in the company's most recent annual filings with the Securities and Exchange Commission. The amount of money that Microsoft is keeping offshore represents a significant spike from prior years, and the levies the company would owe amount to almost the entire two-year operating budget of the company's home state of Washington."

For Microsoft, $93B Abroad Means Avoiding $30B Tax Hit

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Re:Don't feed the parasites! (Score:5, Funny)

by war4peace ( 1628283 ) writes: on Saturday August 23, 2014 @05:06PM (#47738315)

You bastard, you're wrong!!!
I suck dicks for free.

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For Microsoft, $93B Abroad Means Avoiding $30B Tax Hit 316

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For Microsoft, $93B Abroad Means Avoiding $30B Tax Hit

Re:Don't feed the parasites! (Score:5, Funny)

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