Microsoft Canada’s Irish ownership offers a glimpse into multinationals’ tax strategies

Canada’s Globe and Mail reports on the tax strategies of Microsoft. CICTAR shared the Microsoft subsidiaries’ Irish filings with The Globe, as part of our push for greater transparency by the software juggernaut.

The report notes that ‘CICTAR helped spearhead a proposal at Microsoft’s annual shareholder meeting, held online on Dec. 13, to demand the company produce a tax transparency report that follows guidelines from the Global Reporting Initiative. It would require jurisdictional breakdowns of revenues, profits and losses, and tax payments’.