Analysts see little impact on finances as IRS says Microsoft owes $28.9 in back taxes
) has revealed in an 8-K filing that the IRS has notified the company of a $28.9 billion back tax claim, along with penalties and interest, for the tax years 2004 to 2013.
The company intends to appeal the IRS's claim, and the company does not anticipate any immediate changes in its tax liabilities, as the IRS Appeals process is expected to take several years to complete.
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