{"id":35897,"date":"2023-10-17T18:01:42","date_gmt":"2023-10-17T18:01:42","guid":{"rendered":"https:\/\/www.africa-press.net\/mauritius\/all-news\/microsoft-faces-28-9b-tax-demand-from-irs"},"modified":"2023-10-17T18:38:28","modified_gmt":"2023-10-17T18:38:28","slug":"microsoft-faces-28-9b-tax-demand-from-irs","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mauritius\/all-news\/microsoft-faces-28-9b-tax-demand-from-irs","title":{"rendered":"Microsoft faces $28.9B tax demand from IRS"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Mauritius. <\/strong><\/span>Microsoft announced Wednesday that it has received a notification from the US Internal Revenue Service (IRS) for an additional tax payment of $28.9 billion.<\/p>\n<p>The statement indicated that the notification is related to an ongoing dispute with the IRS concerning how the company distributed its profits among different countries and regions.<\/p>\n<p>In this context, the IRS reportedly demanded an additional tax payment of $28.9 billion along with penalties and interest from Microsoft. Microsoft did not agree with the IRS\u2019s request and, if necessary, would lodge an appeal with judicial authorities, said the statement.<\/p>\n<p>It emphasized that Microsoft has always complied with IRS regulations and has paid taxes both in the US and globally, with over $67 billion in taxes paid to the US since 2004.<\/p>\n<p>\u201cMicrosoft disagrees with these proposed adjustments and will pursue an appeal within the IRS, a process expected to take several years,\u201d the company said in its filing.<\/p>\n<p>\u201cWe believe we have always followed the IRS\u2019s rules and paid the taxes we owe in the US and around the world,\u201d it added.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/mauritius\">Mauritius<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Mauritius. Microsoft announced Wednesday that it has received a notification from the US Internal Revenue Service (IRS) for an additional tax payment of $28.9 billion. The statement indicated that the notification is related to an ongoing dispute with the IRS concerning how the company distributed its profits among different countries and regions. In [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":35895,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9],"tags":[233,245,241,1798],"class_list":["post-35897","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","tag-africa-press","tag-africa-press-mauritius","tag-mauritius","tag-microsoft"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Microsoft faces $28.9B tax demand from IRS - Mauritius<\/title>\n<meta name=\"description\" content=\"Microsoft announced Wednesday that it has received a notification from the US Internal Revenue Service (IRS) for an addi ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mauritius\/all-news\/microsoft-faces-28-9b-tax-demand-from-irs\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Microsoft faces $28.9B tax demand from IRS\" \/>\n<meta property=\"og:description\" content=\"Microsoft announced Wednesday that it has received a notification from the US Internal Revenue Service (IRS) for an addi ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mauritius\/all-news\/microsoft-faces-28-9b-tax-demand-from-irs\" \/>\n<meta property=\"og:site_name\" content=\"Mauritius\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-17T18:01:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-17T18:38:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2023\/10\/sm_1697555097.597783.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"864\" \/>\n\t<meta property=\"og:image:height\" content=\"486\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/microsoft-faces-28-9b-tax-demand-from-irs#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/microsoft-faces-28-9b-tax-demand-from-irs\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Microsoft faces $28.9B tax demand from IRS\",\"datePublished\":\"2023-10-17T18:01:42+00:00\",\"dateModified\":\"2023-10-17T18:38:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/microsoft-faces-28-9b-tax-demand-from-irs\"},\"wordCount\":193,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/microsoft-faces-28-9b-tax-demand-from-irs#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2023\/10\/sm_1697555097.597783.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mauritius\",\"Mauritius\",\"Microsoft\"],\"articleSection\":[\"all news\",\"miscellaneous\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mauritius\/all-news\/microsoft-faces-28-9b-tax-demand-from-irs#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/microsoft-faces-28-9b-tax-demand-from-irs\",\"url\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/microsoft-faces-28-9b-tax-demand-from-irs\",\"name\":\"Microsoft faces $28.9B tax demand from IRS - 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