The IRS is demanding billions of dollars in back taxes from Microsoft.
Microsoft defends itself against the request.
Microsoft is expected to pay $28.9 billion in taxes to the IRS for the period from 2004 to 2013, the company announced Wednesday. The IRS sees pricing problems when issuing invoices between parts of a company.
Microsoft believes that the request is not justified
The software company defends itself against the request and does not approve it. Microsoft believes it has always paid the taxes it owes in the United States and around the world.
Therefore, the Group will file an objection with the tax authorities and, if necessary, take legal action. Microsoft does not expect to reach an agreement within the next twelve months. Investors were quiet about the additional demand, and stocks initially barely reacted to the news.
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