this post was submitted on 12 Oct 2023
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Microsoft owes $29 billion in back taxes plus penalties and interest to IRS (appleinsider.com)
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world
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Microsoft owes $29 billion in back taxes plus penalties and interest to IRS::The IRS sent a surprise bill to Microsoft, hitting the company with a $28.9 billion bill for back taxes and penalties spanning a decade, starting in 2003.

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[โ€“] Cheers@sh.itjust.works 4 points 1 year ago (1 children)

Becoming a monopoly and tech giant is pretty nice..

[โ€“] RedAggroBest@lemmy.world -1 points 1 year ago

Okay they aren't good, but seriously what makes them a monopoly? I haven't seen anyone make a good argument for this. There isn't a single industry they're in, that I know or can think of, that they hold enough market capture to be a monopoly.