Microsoft revealed in <a href="https://microsoft.gcs-web.com/node/31951/html" target="_blank" class="color-link" title="https://microsoft.gcs-web.com/node/31951/html" rel="nofollow noopener noreferrer" data-ga-track="ExternalLink:https://microsoft.gcs-web.com/node/31951/html" aria-label="a filing">a filing</a> Wednesday the IRS is seeking an additional tax payment of $28.9 billion in addition to penalties and interest for allocated profits made between 2004 and 2013, a demand the tech giant is willing to go to court to fight if an administrative appeal is unsuccessful.

<div class="image-embed__placeholder"><img src="https://specials-images.forbesimg.com/imageserve/65270d82a27571c8c761841e/Las-Vegas-Hosts-Annual-CES-Trade-Show/960x0.jpg?cropX1=0&amp;cropX2=3717&amp;cropY1=185&amp;cropY2=2277" alt="Las Vegas Hosts Annual CES Trade Show" width="100%" height="auto"></div><figcaption><fbs-accordion><p class="color-body light-text">Microsoft plans to appeal the proposed tax adjustments. (Photo by David Becker/Getty Images)</p></fbs-accordion><small>Getty Images</small></figcaption>

 <div class="key-facts-element"> <p>The appeal process, which will be conducted through the IRS, is “expected to take several years,” according to the filing.</p>  </div> <div class="key-facts-element"> <p>The tax payment being demanded by the IRS is rooted within the way Microsoft allocated profits among different countries and jurisdictions between 2004 and 2013.</p>  </div>


<em>This is a developing story. Check back for updates.</em>

Microsoft will appeal the back tax notices and go to court, if necessary.{ai:summary}<p>The IRS is demanding an additional tax payment of $28.9 billion from Microsoft for profits made between 2004 and 2013. Microsoft plans to appeal the proposed tax adjustments. #economy</p>

IRS Hits Microsoft With $29 Billion Back Tax Demand

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