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Creative Capitalism Gets Microsoft $528M Tax Break

Posted by CmdrTaco on from the well-good-for-them dept.

NewsCloud writes "Microsoft makes products in Washington but records software sales to PC makers and high-volume customers through an operation in Nevada, where there is no corporate tax. So Washington has missed out on more than half a billion in taxes; revenue it could use for badly needed infrastructure needs — such as the needed replacement of the 520 bridge which connects Seattle ... to Microsoft. Reported by Slashdot in 2004, the numbers have increased with the company's growth to approx. $76M in savings last year alone. The author questions the legality of the practice given Microsoft's 35,500+ employees and 11.2 million square feet of real estate in Washington state."

3 of 545 comments (clear)

  1. Re:Forget the non-payment of taxes by kylben · · Score: 5, Funny

    Just so you know, while you were at work today, I broke into your house and stole everything except your widescreen plasma TV. I'll expect a thank you note for the free TV you got from me.

    --
    Insightful and funny are really the same thing, except one has a punch line.
  2. Re:So what? by orkysoft · · Score: 5, Funny

    So they pay corporate taxes in Nevada, where there are no corporate taxes, and they pay their employees in Washington, where there is no income tax?

    It would be fun if everyone started parasitising like that...

    --

    I suffer from attention surplus disorder.
  3. Re:"small government" by UncleTogie · · Score: 4, Funny

    I had a girlfriend that had mental problems... now she is on the street.

    ...and my ex-wife had mental problems. *I* ended up on the street.

    Correlation != causation...

    --
    Don't tell me to get a life. I'm a gamer; I have LOTS of lives!