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IRS says Microsoft owes an additional $29 billion in back taxes

IRS says Microsoft owes an additional $29 billion in back taxes

Microsoft CEO Satya Nadella arrives at federal court in Washington, D.C., on Oct. 2, 2023.

Drew Angerer | Getty Images

Microsoft received Notices of Proposed Adjustment from the Internal Revenue Service for an additional tax payment of $28.9 billion, the company said in an

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Microsoft said the dispute concerns the company’s allocated profits between countries and jurisdictions between 2004 and 2013. It said up to $10 billion…

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