Microsoft avoided paying $6.5 billion in U.S. taxes from 2009 to 2011 through “aggressive international tax maneuvers,” Bloomberg first reported Thursday, citing a Senate report released by Senator Carl Levin in advance of a hearing on the matter. Levin’s report also shamed H.P. for using “billions of dollars of intercompany offshore loans to effectively repatriate untaxed foreign profits back to the United States to run their U.S. operations, contrary to the intent of U.S. tax policy.”
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=160594