Microsoft against Danish tax: at stake $ 1 billion

Mar

5

2013

Microsoft against Danish tax: at stake $ 1 billion March 5, 2013

Currently, the web has a very interesting information on the background of a tax scandal erupted. The thing is that Microsoft owes Danish authorities one billion dollars in tax payments.

This unpleasant situation for Microsoft related to software company Navision, which was acquired redmondtsami in 2002. Immediately after the purchase, Microsoft Navision sold certain rights to its subsidiary in Ireland, which is owned by the holding company located in the British Virgin Islands and Bermuda, at a price below market value. This caused a strong reaction from the Danish tax, which caused estimated losses of the country of 1 billion dollars. Currently, the Danish tax authorities presented tax bill, Microsoft CEO Steve Ballmer.

Higher intelligence recommends:

Microsoft: Europe will have its Surface Pro in the second quarter
Facebook bought part of Microsoft Advertising Business
“Clouds” store more exabytes of data

Tags: Microsoft , Navision

Posted

Viewing:-392

Tags: , ,

In: A Technology & Gadgets Asked By: [19094 Red Star Level]

Answer this Question

You must be Logged In to post an Answer.

Not a member yet? Sign Up Now »


Star Points Scale

Earn points for Asking and Answering Questions!

Grey Sta Levelr [1 - 25 Grey Star Level]
Green Star Level [26 - 50 Green Star Level]
Blue Star Level [51 - 500 Blue Star Level]
Orange Star Level [501 - 5000 Orange Star Level]
Red Star Level [5001 - 25000 Red Star Level]
Black Star Level [25001+ Black Star Level]