In an SEC Form 8-K filing dated 11 October 2023, Microsoft reported that it has received Notices of Proposed Adjustment from the IRS for the tax years 2004 to 2013, seeking an additional tax payment of USD 28.9 billion plus penalties and interest in relation to intercompany transfer pricing issues. Along with the Form 8-K posting, the IRS claim is explained as follows by Microsoft Corporate Vice President, Worldwide Tax and Customs, Daniel Goff.
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Microsoft on the Issues Blog – An updat…