The Muslim Post

Microsoft takes $13.8 billion tax charge, but results still beat expectations

SEATTLE — Microsoft reported a $6.3 billion loss in its second quarter, reflecting a huge charge stemming from last year’s tax reform legislation. Without that charge, the results were better than analysts expected. The Redmond company’s fiscal second-quarter earnings reflect a $13.8 billion tax payment related to Microsoft profits held overseas. The software giant holds about…



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