U.S. Senator Warren Questions Microsoft on USD 28.9 Billion Tax Claim

U.S. Senator Elizabeth Warren (D-MA) has announced a letter sent to Microsoft CEO Satya Nadella raising concerns over the recent disclosure that the IRS is seeking an additional tax payment of USD 28.9 billion plus penalties and interest in relation to intercompany transfer pricing issues (previous coverage).

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Senator Warren Questions Microsoft over "Deeply Disturbing" Reports Company Owes IRS $28.9 Billion Due to Egregious Tax Evasion Scheme

"The new disclosures also raise new and tr…