Subscribe to this page now.

Microsoft to pay Chinese government $137M over 'tax evasion' probe

11/30, 3:23pm

China report indicates Microsoft will pay $16.2M per year in additional taxes

Microsoft's tax troubles aren't limited to the US, according to a report from a Chinese news agency. The software company is being accused of tax evasion in the country, after years of posting heavy losses in a Chinese-based subsidiary. As a result, Microsoft is paying the Chinese government $137 million in back taxes and interest.

more

Microsoft sues IRS to get attorney agreement information on tax probe

11/24, 10:50pm

Software company turns to court over unfulfilled Freedom of Information Act request

Microsoft filed a lawsuit against the Internal Revenue Service (IRS) on Monday, seeking information relating to the agency's probe into the software giant's tax records. The suit, filed with the US District Court for the District of Columbia, accuses the IRS of "unlawfully" withholding information that was requested through a Freedom of Information Act (FOIA) request.

more

Holiday sales may have left Amazon with $9B cash pile

01/27, 8:37pm

Analysts predict solid holiday earnings boost for Amazon

A solid performance this past holiday season may have left online retail giant Amazon with as much as $9 billion in cash and investments. This according to industry analysts and investors, who are forecasting larger than ever revenues for the retailer's December quarter. The financial success, though, could spell trouble for Amazon, as the growing cash pile could lead to renewed scrutiny over the company's tax contributions around the world.

more

Electronista Sponsor

Electronista Newsletter

Free Technology and Gadgets Newsletter

  • We will not share your email address with anyone.

    toggle

    Most Popular

    Sponsor

    Recent Reviews

    Dell AD211 Bluetooth speaker

    For all of the high-priced, over-engineered Bluetooth speakers in the electronics market, there is still room for mass-market solution ...

    VisionTek 128GB USB Pocket SSD

    USB flash drives dealt the death blow to both the floppy and Zip drives. While still faster than either of the old removable media, sp ...

    Kodak PixPro SL10 Smart Lens Camera

    Smartphone imagery still widely varies. Large Megapixel counts don't make for a good image, and the optics in some devices are lacking ...

    Sponsor

    toggle

    Most Commented

     
    toggle

    Popular News