Inside the IRS's 8-year audit into Microsoft after the company sold its IP to a factory it owns in Puerto Rico to reduce tax rate on US profits from ~35% to ~2% (Paul Kiel/ProPublica)

Paul Kiel / ProPublica:
Inside the IRS's 8-year audit into Microsoft after the company sold its IP to a factory it owns in Puerto Rico to reduce tax rate on US profits from ~35% to ~2%  —  For years, the company has moved billions in profits to Puerto Rico to avoid taxes.  When the IRS pushed it to pay, Microsoft protested that the agency wasn't being nice.

via Techmeme