Warren Wants Microsoft to Answer for $29 Billion IRS Tax Claim

Sen. Elizabeth Warren (D-Mass) is calling on Microsoft‘s top executive to provide answers around a $28.9 billion tax bill the IRS claims the software giant owes in unpaid transfer pricing tax claims, which the tech giant vowed to fight.

Warren’s letter comes after the company revealed in a regulatory filing last week that it received notices from IRS requesting the amount, plus penalties and interest for the tax years 2004-2013.

“These are deeply disturbing disclosures, identifying what appears to be an egregious example of corporate tax evasion and misbehavior,” the Massachusetts Democrat wrote in a letter dated Oct. 17, ...