Microsoft owes $29 billion in taxes

The IRS claim is not correct and will be subject to administrative appeals and, if necessary, to court, Microsoft said. Photo, file

Washington: The IRS declared Microsoft delinquent in $29 billion in taxes.

The US Internal Revenue Service (IRS) declared Bill Gates’ company Microsoft delinquent in taxes of 29 billion dollars.

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According to a blog post released by Microsoft, the IRS claim (that Microsoft did not pay $29 billion in taxes owed from 2004 to 2013) is not true and will be subject to an administrative appeal and, if necessary, to court. will go

Microsoft added that the company has paid more than $67 billion in taxes since 2004.

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