Comment on Billion-dollar Danish: Microsoft owes Denmark $1 billion in unpaid taxes, treasury says

Billion-dollar Danish: Microsoft owes Denmark $1 billion in unpaid taxes, treasury says

That’s one expensive Danish. Microsoft owes the Danish treasury 5.8 billion kroner, or about $1 billion U.S., according to the Denmark government, in unpaid taxes relating to its purchase of financial software vendor Navision in 2002. Most tech companies avoid taxes by leaving foreign income overseas, or by routing it through Irish or other low-taxation districts, and that’s happening in this case as well.

 

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