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The Danish government is reportedly chasing down Microsoft for nearly a billion dollars in missing tax revenue, stemming from its purchase of Viking accountancy software firm Navision. According to local media outlet DK, the Danish authorities have begun what could be the largest tax case in the country's history, involving …

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Taxes?

Microsoft?

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Anonymous Coward

Re: Taxes?

Which big business hasn't had a hand in tax avoidance.

Rolls Royce paid no corporation tax in the UK last year despite profits of 1.4 billion pounds.

There's nothing illegal with this or Microsoft, it's just they can afford employ loop hole finders whereas the little people have to put up with it.

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Re: Taxes?

No UK tax? They have a total tax charge of £410m, which makes their effective tax rate near 30%, against a UK headline rate of 24.5%.

Yup, that looks like avoidance to me.

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Re: Taxes?

Oh, sorry, I forgot: you're ignoring anything that isn't in the UK, because the rest of the world doesn't exist and wouldn't have any right to impose taxes if it did; and anything that isn't paid in cash, because all billion-pound firms run purely on cash.

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Ballmer might want to read his history

This one time, there were these monks at Lindisfarne...

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Flame

A note to plunderers of all ages:

Always remember to pillage BEFORE you burn.

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As a Swedish colleague said

Vikings raped and pillaged across europe

Except Scotland - that was pillage only

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Re: As a Swedish colleague said

When you see the Scottish women you understand immediately why it was only pillage.

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Re: As a Swedish colleague said

To be fair - we were working in Aberdeen.

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Silver badge

Re: As a Swedish colleague said

When you see the Scottish women you understand immediately why it was only pillage.

There's lots of beautiful women in Scotland. Perhaps you a getting confused by the kilts.

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The local media outlet is called DR...

...and it stands for Denmark's Radio. It is publicly owned, and is very similar to BBC in the UK.

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Coat

Re: The local media outlet is called DR...

DR is nothing like the BBC - DR makes drama you actually want to watch.

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Pint

Re: The local media outlet is called DR...

On the radio? I only watch the radio when I'm drunk.

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Silver badge

Re: The local media outlet is called DR...

I only watch the radio when I'm drunk.

You must live in a nice neighbourhood. Some places you have to watch everything.

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Headmaster

Vikings?

Ha! Vikings in Scandinavia? The Vikings all beggared off southwards a thousand years ago - those left in Scandinavia are descended from the peasants, thralls and others who couldn't make the move. Even the British Isles had better weather back then, before the climate packed up.

Interesting story though; I can actually see the Danish coast from my office window and the story has been floating around the local papers for a few days now.

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Bronze badge

Re: Vikings?

Scandinavians hate it when you point that out to them.

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Headmaster

Re: Vikings? Weeell, actually the pattern of "exodus" is a little more complex.

For example those who had murdered or stole cattle etc were, if caught, often declared "nithing" meaning they were outside the protection of the law and in order to escape enraged relatives and/or cattle fondlers they often fled (during the late tenth century and the early eleventh) to the western coast of France. The grandson of one of these thieves/murderers was known to his contemporaries as William the Bastard (a little matter of, ahem, lack of a wedding between his mum and dad although given what he did next the alternative interpretation holds as well).

He landed one day with his cohort of third/fourth generation thieves, murderers and cattle-rustlers on the southern coast of England in 1066 and the rest, as we say, is history. The Vikings never successfully conquered* either Scotland or England (indeed Harold Godwinson trounced a Danish/Norwegian army at the Battle of Stamford Bridge in the same year only to march south to his fuck-up at Hastings), it was in fact the descendants of a bunch who even the Vikings could not stand who managed that trick.

*They actually settled as farmers and traders in many areas where they had control but they did not ever succeed in national conquest.

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Anonymous Coward

Re: Vikings?

"those left in Scandinavia are descended from the peasants". I suppose that explains a lot about Blighty to day too.

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Childcatcher

Racist remarks!

Oi! You lay off the Danes.

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Thumb Up

Re: "Racist remarks!" I think that any normal person would have realised that you.............

..................were being satirical but it seems that some saddo has downvoted you. Upvote delivered to even things up.

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Anonymous Coward

Great Danes

Sic em Rex!

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Devil

Remember the golden rule

Those with the gold make the rules.

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Anonymous Coward

Err...

Now, I'm a bit of a leftie, but $1BN in tax (and interest) on a $1.2BN deal, that seems beyond high tax and into the realms of "how do you expect anyone to do any business with your country" levels of tax.

Do they have tax breaks for lego, bacon and fairy stories?

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FAIL

Re: Err...

Your kind of missing the point. The deal to buy the company was worth $1.2b, but the company has continued to make a profit since then, and it is this which they are being charged the $1b in tax on. It says in the article that microsoft diverted about $11b in revenue out of the country using this tax avoidance/evasion method (if the danish government wins its evasion, if they lose it was only avoidance!). So $1b in tax on $11b in revenue still seems very low to me!

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Anonymous Coward

Re: Err...

yes and no: $1b tax against $11b in profits would be fair enough, but $1b against $11b in revenue, when costs might be $9b, that's not right. You can't judge things like this on revenue - unless, of course, you are happy to say government performance is measured on revenue only? Only way that could be true is if Parliaments, HMRC, the entire civil service and their equivalents cost zero to run? That's nonsense.

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Trollface

We still have the long boats

Parked at strategic places around the country, and we still sail them - normally over to Ireland for a Guinness :-)

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Headmaster

"In the old days they would have come with a longboat"

Er, that's a longship....

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Holmes

Correct short title is DR

The correct short term for Danmark Radio is DR. Not DK. That is a different media outlet here in Denmark.

As for Microsoft. They have been spotted and Danish Tax is going in for a grab of Microsoft money. Microsoft can employ any amount of lawyers they want. They are still going to loose in most case. Since Denmark tax code is efficient tax code from what I understand.

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