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Microsoft

For Microsoft, $93B Abroad Means Avoiding $30B Tax Hit 316

walterbyrd (182728) writes "Microsoft Corp. is currently sitting on almost $29.6 billion it would owe in U.S. taxes if it repatriated the $92.9 billion of earnings it is keeping offshore, according to disclosures in the company's most recent annual filings with the Securities and Exchange Commission. The amount of money that Microsoft is keeping offshore represents a significant spike from prior years, and the levies the company would owe amount to almost the entire two-year operating budget of the company's home state of Washington."

Comment For very limited (South) values of United States (Score 1) 233

Dramatic Shifts In Manufacturing Costs Are Driving Companies To US, Mexico

They're only interested in Southern or Southernized states, which is not representative of the US. That is, they're only interested in places with a well-defended "know thy place" mentality where labor is rendered servile.

Any deviance from said philosophy is severely punished, whether it be by individuals or corporations. In the case of individuals, it is measured in legally-friendly terminations, designed to break support. In the case of corporations, especially the precedent-setting Volkswagen, interest groups will threaten to take out tax incentives or otherwise hobble the company.

Comment THE SPAMMER - EPISODE ONE (Score 1) 44

The police kicked down the door, breaking the glass and maneuvering through the room with guns drawn. The living room was empty. They searched the kitchen. Nothing. One of them kicked in the bedroom door and swung his assault rifle in a wide angle as he crashed through.

Immediately he saw that the floor was covered with spam. A computer's hard drive had exploded under pressure and was oozing a liquid discharge of strange attachments and cryptic URLs across the desk and onto the floor. " Couchsurfing sucks... here's a better couch!" they yelled, one after another. Then the fumes struck him.

Overwhelmed, he stumbled backward, spraying vomit across the living room as he fell. He lay on the spammy floor unconscious, convulsing, muttering the same thing over and over. "Delete... delete... delete... delete..." The other officers quickly ran out of the front door, dragging him along by the legs as they struggled to cover their eyes which were lachrymating upon exposure to the spam. One of the units outside called for backup and unwound a yellow tape labeled "POLICE LINE - DO NOT EMAIL" around the residence. A forensics van pulled up, and several officers strapped rubber gloves onto their hands and Pentagon-surplus armored spam filters on their faces. They reentered the building, treading lightly, taking flash photographs, and laboriously stuffing individual spam emails into each of 10,000,000 Ziploc bags.

About twenty minutes later, Detective Protagoniste and the Commissioner arrived at the scene in their unmarked car.

"Well, what do you make of this mess, Detective?" asked the Commissioner, as they approached the building. Protagoniste picked up one of the bags, and held it up to the light, and replied, "Commissioner, as of now, the spam's been caught... but not the Spammer!"

Comment Re:But we ain't gonna have a Big Cruch, right ? (Score 1) 35

Heat death is scheduled to happen a googol years from now. If the Big Rip hypothesis is true then the universe's life is already a half over. Then dark energy expansion will successively disintegrate galaxies, then solar systems, planets, humans, atoms, and protons in a cataclysmic disaster.

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