ThinkProgress » Microsoft Structured Acquisition Of Skype To Avoid U.S. Taxes

ThinkProgress » Microsoft Structured Acquisition Of Skype To Avoid U.S. Taxes

Think Progress

Microsoft structured its $8.5 billion purchase of Skype using tax havens to avoid paying U.S. taxes. If you think highly profitable companies like Microsoft need to pay their fair share LIKE this post.

Microsoft Structured Acquisition Of Skype To Avoid U.S. Taxes

thinkprogress.org

One fact that has gone underreported about the deal is how Microsoft structured it to keep its taxes as low as possible. As the Wall Street Journal’s Ronald Barusch notes, Microsoft and Skype saved billions of dollars in taxes because Microsoft used its foreign profits to purchase Skype, which also ...