Well even if MS are found to be liable for this tax bill, MS has in the region of $100 billion "Cash on hand" so I doubt that they will go bankrupt over this.
This sounds to me like an gigantic amount of money. I looked it up and apparently it was $136B in 2019¹ and $111B today². And Microsoft, although it is the company with the most cash on hand, is not an outlier here with Alphabet at $121B and Apple at $100B².
The problem MS might run into is that cash might not be in the US so they would need to repatriate the money into the US potentially triggering more taxes.
(They could also get around this by taking a loan out and using the cash held outside the US as collateral).
Crosseye_Jack|2 years ago
smorrebrod|2 years ago
I really don't know why they do this though.
[1] https://www.cnbc.com/2019/11/07/microsoft-apple-and-alphabet...
[2] https://www.macrotrends.net/stocks/charts/MSFT/microsoft/cas...
spiralpolitik|2 years ago
(They could also get around this by taking a loan out and using the cash held outside the US as collateral).