-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1
Trust, but verify - except for taxes
http://microsofttaxdodge.com/2010/04/trust-but-verify-except-for-taxes.html
Microsoft profits soar to â800m
,----[ Quote ]
| MICROSOFT Ireland Operations Ltd made pre-tax
| profits ofâ809.4 million last year and paid
| â88.99m in corporation tax to the Exchequer.
`----
http://www.examiner.ie/business/microsoft-profits-soar-to-euro800m-118753.html
Recent:
Obama targets foreign tax havens
http://seattletimes.nwsource.com/html/nationworld/2009173947_taxes05.html
Obama Seeks End of Corporate Tax Break to Raise $190 Billion
http://www.bloomberg.com/apps/news?pid=20601087&sid=a9jSNVDYXQoE&refer=home
Obama aims at offshore tax havens
http://www.chron.com/disp/story.mpl/headline/biz/6407981.html
How Obama's tax reforms could impact Microsoft's bottom line
,----[ Quote ]
| The debate hinges on policies that let companies with international
| operations avoid higher U.S. tax rates by reinvesting their foreign earnings
| overseas. The Obama administration last Monday detailed its plan to put a
| damper on that practice.
|
| "Currently, businesses that invest overseas can take immediate deductions on
| their U.S. tax returns for expenses supporting their overseas investments but
| nevertheless 'defer' paying U.S. taxes on the profits they make from those
| investments," the White House said in a May 4 briefing document. "As a
| result, U.S. taxpayer dollars are used to provide a significant tax advantage
| to companies who invest overseas relative to those who invest and create jobs
| at home."
`----
http://www.techflash.com/microsoft/How_Obamas_tax_plan_could_impact_Microsofts_bottom_line_44679452.html
Microsoft subsidiary has â477m pretax profit
,----[ Quote ]
| Microsoft Ireland Operations Ltd (MIOL) had turnover of â11.3 billion and
| paid corporation tax of â63.5 million according to accounts just lodged with
| the Companies Office and seen by The Irish Times.
`----
http://www.irishtimes.com/newspaper/finance/2009/0429/1224245596231.html
Microsoft Ireland slashes US dividend as profits rise
,----[ Quote ]
| The dividend payment is roughly half the almost â3bn the Irish subsidiary
| remitted to the US headquarters in the financial year ended June 2006.
`----
http://www.independent.ie/business/irish/microsoft-ireland-slashes-us-dividend-as-profits-rise-1364208.html
Microsoft in tax evasion soup
,----[ Quote ]
| Software major Microsoft Corpâs Indian subsidiary has been issued a
| show-cause notice for non-payment of service tax worth Rs 127 crore. The tax
| has been claimed on services offered to Microsoft Singapore by way of
| marketing support.
`----
http://infotech.indiatimes.com/Microsoft_in_tax_evasion_soup/rssarticleshow/2977840.cms
Tax benefit helped Microsoft's 3Q earnings
,----[ Quote ]
| Turns out Microsoft and Uncle Sam have been going back through the company's
| books from 2000 to 2003. Not knowing how that would end up, Microsoft
| had "over accrued" its tax provision in past quarters, said Colleen Healy,
| general manager of investor relations. With the review settled, the company
| was able to reduce that provision.
`----
http://seattletimes.nwsource.com/html/businesstechnology/2004377713_btdownload28.html
Microsoft Leads in Lobbying Largesse
,----[ Quote ]
| Microsoft is leading the tech industryâs charge up Capitol Hill, according to
| statistics released Monday.
|
| The world's largest software company spent $9 million on lobbyists to make
| its case in issues including taxes and trade, according to statistics
| ^^^^^^^^^^^^^^^^^^^^^^^^^
| compiled by the Center for Responsive Politics.
`----
http://www.redherring.com/Home/24187
Related:
Wis. Bill to Require Tax Loophole Data
,----[ Quote ]
| Wisconsin Bill Would Require More Reporting on Tax Loopholes
|
| [...]
|
| A message left with Microsoft was not immediately returned.
`----
http://biz.yahoo.com/ap/071219/wi_corporate_taxes.html?.v=4
Microsoft says to borrow money for Yahoo deal
,----[ Quote ]
| Microsoft Corp said on Monday it may borrow money for the first time in its
| history to fund a portion of its $44.6 billion unsolicited offer for Yahoo
| Inc.
`----
http://www.reuters.com/article/companyNews/idUSN0455692920080205
Bill Gates: Rich Individuals Should Pay More Tax, Wealthy Corporations Less?
,----[ Quote ]
| As Taxing Tennessee points out, Bill Gates opposes eliminating the death tax
| but is quite happy to have local and state taxes eliminated for his
| company...
`----
http://seekingalpha.com/article/65465-bill-gates-rich-individuals-should-pay-more-tax-wealthy-corporations-less?source=yahoo
,----[ Quote ]
| My background is finance and accounting....
|
| However, the Gates Buffet foundation grant is nothing more than a shell
| game in which control of assets for both Gates and Buffet remain the same.
|
| THE ONLY DIFFERENCE IS THAT THE ACCUMULATION OF WEALTH BY THESE TWO WILL BE
| MUCH MORE MASSIVE BECAUSE THEY WILL NO LONGER HAVE TO PAY ANY TAXES.
`----
http://www.mail-archive.com/futurew...@xxxxxxxxxxxxxxxx/msg03323.html
Microsoft EULA lands it with $175m Indian tax headache
,----[ Quote ]
| Basing its ruling on the terms of Microsoft's own EULA (end-user license
| agreement), an Indian court has ordered the company to pay tax on royalty
| income generated in the country, Tax India Online (TIOL) reports.
|
| [...]
|
| âUnacceptable tax avoidance typically involved the creation of complex
| artificial structures by which, as though by the wave of a magic wand, the
| tax payer conjures out of the air a loss, or a gain, or expenditure, or
| whatever it may be, which otherwise would never have existed. These
| structures are designed to achieve an adventitious tax benefit for the
| taxpayer, and in truth are no more than raids on the public funds at the
| expense of the general body of taxpayers, and as such are unacceptable.
`----
http://www.channelregister.co.uk/2008/03/31/microsoft_india_tax_ruling/
Cheers not jeers to Speaker Chopp on the Microsoft tax concession
,----[ Quote ]
| The Columbia Basin Herald this past week characterized House Speaker Frank
| Chopp as being a Forrest Gump, "stupid is as stupid does" villain for
| opposing big proposed tax breaks for Microsoft and Yahoo. The tax concession,
| those companies said, were necessary to keep them from fleeing Grant County,
| where they have huge server farms. The requests were similar to the $3.2
| billion in breaks Boeing Co. got from Governor Gary Locke and the Legislature
| when it threatened to take some of its assembly operations elsewhere.
`----
http://www.crosscut.com/business-technology/12933/Cheers+not+jeers+to+Speaker+Chopp+on+the+Microsoft+tax+concession/
-----BEGIN PGP SIGNATURE-----
Version: GnuPG v1.4.10 (GNU/Linux)
iEYEARECAAYFAkvpCZwACgkQU4xAY3RXLo5A9ACeJ5peSXO9/qk2Vt5AmT3YV/+k
ZcoAoJL5F5mp+uoHs5rj/1lUZD25dpbe
=sI3w
-----END PGP SIGNATURE-----
|
|
