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Internal Revenue Service

Microsoft owes around $29 billion in back taxes, according to IRS

The Internal Revenue Service (IRS) has said Microsoft owes the US Treasury $28.9 billion (€26 billion) in back taxes, plus penalties and interest, the...

Executors undervalued Prince’s estate by 50%, US tax authorities say

The continuing controversy over the money left behind by Prince when he died without a will is heating up again after the US’s Internal...

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