The Accounting Podcast Headlines: Microsoft's Puerto Rico Tax Odyssey
After a decade-long audit, Microsoft is facing a whopping $29 billion tax bill from the IRS for what the agency claims was an "illusory scheme" to channel profits through Puerto Rico—but with years of appeals ahead, will the tech giant ultimately pay the total amount?
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The full transcript for this episode is available by clicking on the Transcript tab at the top of this page