taxation in the united states
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Microsoft May Owe $US28.9 Billion in Back Taxes to the U.S. Government
On Wednesday, the Internal Revenue Service (IRS) notified Microsoft that it may owe $US28.9 billion in back taxes, plus penalties and interest, from 2004 through 2013. The IRS says it believes that as of Sept. 30, its tax adjustments are correct and will elevate the issue to judicial proceedings, if necessary. Microsoft disputed the claims,…
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IRS Abandons Facial Recognition Plans
In a major reversal, the Internal Revenue Service says it will transition away from using ID.me’s controversial facial recognition identity verification software following weeks of public controversy and criticism from privacy groups.
