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 Lee Duna   ( @throws_lemy@lemmy.nz )  to TechnologyEnglish · 2 years ago

Microsoft in $29bn back taxes dispute in US

www.bbc.com

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Microsoft in $29bn back taxes dispute in US

www.bbc.com

 Lee Duna   ( @throws_lemy@lemmy.nz )  to TechnologyEnglish · 2 years ago
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The IRS has been auditing how the firm allocates profits among countries and jurisdictions.
  •  willybe   ( @willybe@lemmy.ca ) 
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    2 years ago

    It said it believed that any taxes owed after the audit would be reduced by up to $10bn based on tax laws passed by former President Donald Trump.

    Joe did this

    •  arby   ( @arby@beehaw.org ) 
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      2 years ago

      They’re talking about the Tax Cuts and Jobs Act of 2017. Joe Biden’s official title at that time was Former Vice President.

      •  willybe   ( @willybe@lemmy.ca ) 
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        2 years ago

        Whoosh

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