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.

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