back to article Guess which US tech giant was just hit with a $137m tax bill in China?

The Chinese government doesn't want to embarrass whichever US multinational it just slapped with a US$140m bill in back taxes – but let's just say it's large and its name begins with the letter "M." OK, it's Microsoft. But neither China nor the software giant are coming right out and admitting it. According to a story from …

  1. Anonymous Coward
    Anonymous Coward

    Microsoft lied about something? !GASP!

    I'm Shocked, SHOCKED!, that anyone would level such a claim against such a fine, upstanding, ethical, moral, never Evil, tiny little company like Microsoft.

    They've never hurt anyone, never done anything that didn't put their customers first, and always always always Does The Right Thing.

    China must be jealous of Microsoft's laudible & exemplary actions...

    *Head explodes from the sarcasm*

    *Dies laughing*

    Fuck Microsoft.

    Fuck 'em with The Great Wall.

    Sideways.

    With backspin.

    Repeatedly.

    1. Anonymous Coward
      Anonymous Coward

      Re: Microsoft lied about something? !GASP!

      I wonder if Microsoft will pay their tax in a timely manner or whether they will appeal and litigate for 10-20 years. A couple of questions: Have Microsoft paid their EU fines yet? And does the browser choice screen still appear? As it's over 5 years now, and they promised they would extend the 5 years by 18 months, the period they failed to meet their obligations.

      1. Anonymous Coward
        FAIL

        Re: Microsoft lied about something? !GASP!

        Can you read?

        The news story claimed that the unnamed company had admitted to tax evasion and its China subsidiary had agreed to pay 840 million yuan ($137m) in taxes and interest on back taxes, plus another 100 million yuan in taxes in 2015.

        1. Anonymous Coward
          Anonymous Coward

          Re: Microsoft lied about something? !GASP!

          I can read, my question is will they pay? Microsoft say they'll do stuff then don't, like the examples I gave. Can you read?

          1. Trevor_Pott Gold badge

            Re: Microsoft lied about something? !GASP!

            It's a fair question. The longer Microsoft can delay payment the better the chances that the amount of money in question will be less meaningful. Microsoft will grow as a company (in theory, anyways) and inflation will make tomorrow's billion worth less than today's. As long as the interest charged is less than inflation, litigation is a good bet in these situations.

  2. Mark 85 Silver badge

    This might be why the US IRS is "investigating". If they cheated on taxes in China, who knows what they have cheated on here.

  3. Micha Roon
    Devil

    This is the hair cut on licences

    M$ and the PRC had a dispute on how much the chinese central and local government would pay for the privilege to use Windows and Office. This is the rebate they "negotiated"

    According to an earlier article (http://www.theregister.co.uk/2014/07/29/china_microsoft_monopoly_probe/) the government was to "spend millions" on licences. Now they have the money

  4. Anonymous Coward
    Anonymous Coward

    $137M

    SO they will just scrape out a bit of change from down the back of Bills old couch then.

  5. Frankee Llonnygog

    Easily explained

    Microsoft used Excel to calculate their tax liability

  6. Anonymous Coward
    Anonymous Coward

    xp and cracks

    MS should ask China about al those Windows licenses people never paid ..

    this is what you get at giving up XP support..

  7. Getriebe

    PRC taxes & lies

    Those three words have different semiotics than that which you might believe they mean for a UK or US jurisdiction

    Having worked with a couple of Western companies to try and recover they records in Guangdong province after the tax authorities asked for some money my experience is its easier to admit to a specious accusation, pay the money and move on

    The people doing the asking were smart enough to ask for an amount that was payable without hurting too much

    And to the idiot at the top of this comment column - grow up, get out and experience the world more.

    1. Anonymous Coward
      Anonymous Coward

      Re: PRC taxes & lies

      And to the idiot at the top of this comment column - grow up, get out and experience the world more.

      Nah. We need the contrast.

  8. h4rm0ny
    Joke

    Poor Microsoft.

    Still playing catch-up with Google.

  9. JaitcH
    WTF?

    The UK Could Take Lessons from China on Tax Collection

    What with the Luxembourg minimum tax and the Double Irish-Dutch Tax Sandwich scam, the UK revenuers should take lessons on how to collect from BeiJing.

    Of course they will have stop giving freebies to the Tories 'friends'.

  10. Someone Else Silver badge
    Trollface

    What? Nothing from Eadon?!?

    Can't believe he'd pass on a chance to weigh in on this...

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