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Microsoft Owes Denmark $1 Billion in Taxes
Old 4 March 2013, 14:15   #1
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In 2002, Microsoft purchased Navision from the Danish firm Navision A/S for around $1.3 billion. Navision was later turned into Microsoft Business Solutions, one of the most profitable parts of the Microsoft empire. Shortly after Microsoft purchased Navision, they moved the legal rights to Ireland in an attempt to cut down on tax expenditure.

A report by Danish news outlet, DR Forsiden, has shown that Microsoft could be asked by the Danish government for up to $1 billion in tax from the Navision deal. Lars Kiertzner, a professor at the Copenhagen Business School and an expert on accounting, described the case as "remarkable", before saying it's "definitely one of the biggest [they've] seen."

Source: Neowin
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Old 4 March 2013, 14:29   #2
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What about statute of limitations? Or does that not apply to taxes?
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Old 4 March 2013, 15:24   #3
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What about statute of limitations? Or does that not apply to taxes?
the only 2 sure thing in life are death and taxes, they never go away
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Old 4 March 2013, 15:53   #4
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You're probably right.
Hopefully, Denmark will collect.
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Old 4 March 2013, 18:43   #5
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I hope they'll spend it on something pointless, like schools or something. That they've been cutting down on quite extensively.

Though who am I kidding, we all know miracles don't happen.
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Old 4 March 2013, 20:04   #6
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Bill said that he do not know what to do with his 86 billions of dollars so now he knows what spent one billion to.
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