Microsoft Receives Demand From IRS for $28.9b in Back Taxes

Microsoft says it received notices from IRS seeking additional payment of $28.9b plus penalties and interest for the tax years 2004-2013.

• Company says it disagrees with the notices and will vigorously contest them
• Doesn’t expect a final resolution in the next 12 months

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Jim Silver in New York at jsilver@bloomberg.net

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Sunil Kesur at skesur@bloomberg.net

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