Warren Charges in KPMG-Microsoft Tax Case Raise Disagreement

Sen. Elizabeth Warren (D-Mass.) alleged last week that KPMG LLP engaged in an “egregious” plan to help Microsoft Corp. shield almost $29 billion in taxes—a charge that raises disagreements in the tax community.

Warren’s letter, addressed to KPMG Global Chair and Chief Executive William Thomas, asks for details about the firm’s tax advice to Microsoft after the IRS claimed the tech company owes $28.9 billion in unpaid taxes for 2004-2013. The letter also was signed by Sens. Bernie Sanders (I-Vt.) and Sheldon Whitehouse (D-R.I.).

Tax fairness advocates welcomed the letter, telling Bloomberg Tax it signaled a need and an opportunity ...