Microsoft's Billion Dollar Nevada Tax Dodge

Courtesy Digg - Business & Finance  Wed, 12/02/2009 - 15:10

Microsoft makes its home in Redmond, Washington. It has 40,224 employees and 79 physical sites here. Since 1997, Microsoft has dodged $782 million in taxes by recording its software licensing revenue in Nevada.

If this practice is proven to be illegal, the company could owe as much as $1.24 billion with interest and penalties.

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