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Microsoft cumulative income exceeded $ 1 trillion
Profit prefer to withdraw to offshore
Machine for the production of Microsoft money in the last quarter broke the symbolic mark of 1 trillion dollars in revenue, resulting in the company's history.
It could be assumed that the company loudly celebrate a significant event in its history, but no. Microsoft and so criticized for the fact that she had hidden in offshore $ 108, 3 billion - 41% of cumulative earnings, as well as for the use of a variety of schemes for tax evasion, so do not annoy the public once again
. Gains in offshore hides not only Microsoft, but many other American corporations. For example, Boeing saved thanks to this trick $ 304, 8 million tax payments in the past year, but Microsoft does this with a special scale. For the current year "tax optimization" Redmond giant will save about $ 776 million!
Microsoft hides the profit on the territory of Nevada since 1997, taking advantage of loopholes in US law: the individual states can set their own corporate tax rate, even 0% in order to attract employers. At the same time Microsoft lobbyists and other corporations effectively block attempts to pass a bill to raise the corporate tax.
Yielding to Apple in terms of cumulative revenue, while Microsoft bypasses Apple's cumulative profits: $ 265, 2 billion, Microsoft, compared to $ 261, 6 billion in Apple. For comparison, Google has in its history, has earned only $ 96, 3 billion net profit, Amazon - a mere $ 3, 31 billion profit on revenue of $ 545 billion
.
Last but not least thanks to Microsoft in Washington state is now 161,220 millionaires - 5, 82% of the total state population. Well, he Bill Gates with a fortune of $ 79, 2 billion is still the richest man on the planet.
Source: geektimes.ru/post/275576/
Machine for the production of Microsoft money in the last quarter broke the symbolic mark of 1 trillion dollars in revenue, resulting in the company's history.
It could be assumed that the company loudly celebrate a significant event in its history, but no. Microsoft and so criticized for the fact that she had hidden in offshore $ 108, 3 billion - 41% of cumulative earnings, as well as for the use of a variety of schemes for tax evasion, so do not annoy the public once again
. Gains in offshore hides not only Microsoft, but many other American corporations. For example, Boeing saved thanks to this trick $ 304, 8 million tax payments in the past year, but Microsoft does this with a special scale. For the current year "tax optimization" Redmond giant will save about $ 776 million!
Microsoft hides the profit on the territory of Nevada since 1997, taking advantage of loopholes in US law: the individual states can set their own corporate tax rate, even 0% in order to attract employers. At the same time Microsoft lobbyists and other corporations effectively block attempts to pass a bill to raise the corporate tax.
Yielding to Apple in terms of cumulative revenue, while Microsoft bypasses Apple's cumulative profits: $ 265, 2 billion, Microsoft, compared to $ 261, 6 billion in Apple. For comparison, Google has in its history, has earned only $ 96, 3 billion net profit, Amazon - a mere $ 3, 31 billion profit on revenue of $ 545 billion
.
Last but not least thanks to Microsoft in Washington state is now 161,220 millionaires - 5, 82% of the total state population. Well, he Bill Gates with a fortune of $ 79, 2 billion is still the richest man on the planet.
Source: geektimes.ru/post/275576/
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