Microsoft Tax Shelter

Practical and Practice issues for Professionals who practice in the area of taxation. Moral, social and economic issues relating to taxes, including international issues, the U.S. Internal Revenue Code, state tax issues, etc. Not for "tax protestor" issues, which should be posted in the "tax protestor" forum above. The advice or opinion given herein should not be relied on for any purpose whatsoever. Also examines cookie-cutter deals that have no economic substance but exist only to generate losses, as marketed by everybody from solo practitioner tax lawyers to the major accounting firms.
Jeffrey
Admiral of the Quatloosian Seas
Admiral of the Quatloosian Seas
Posts: 3076
Joined: Tue Aug 20, 2013 1:16 am

Microsoft Tax Shelter

Post by Jeffrey »

Fun article on tax avoidance by Microsoft:
For years, the company has moved billions in profits to Puerto Rico to avoid taxes. When the IRS pushed it to pay, Microsoft protested that the agency wasn’t being nice. Then it aggressively fought back in court, lobbied Congress and changed the law.
https://www.propublica.org/article/the- ... ot-tougher
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Famspear
Knight Templar of the Sacred Tax
Posts: 7668
Joined: Sat May 19, 2007 12:59 pm
Location: Texas

Re: Microsoft Tax Shelter

Post by Famspear »

Interesting article. In particular, the description of the IRS Appeals function rings true.
"My greatest fear is that the audience will beat me to the punch line." -- David Mamet
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