Fw: Creative Capitalism Gets Microsoft $528M Tax Break

URL:

http://rss.slashdot.org/~r/Slashdot/slashdot/~3/228969011/article.pl

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."

Read more of this story at Slashdot.



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