Little Denmark is looking for a big check. In one of the biggest tax cases in the history of the Scandinavian country with a population of 5.5 million, the Danish tax authority is seeking US$1 billion from Microsoft in back taxes. The case stems from Microsoft’s 2002 purchase of Danish software company Navision. Danish authorities are claiming that Microsoft sold rights to Navision’s business planning software — now called Dynamics NAV — for less than market value to a subsidiary in Ireland.
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For Microsoft, There's Something Costly in Denmark
Posted by: David Vranicar March 5, 2013 09:20 AMLittle Denmark is looking for a big check. In one of the biggest tax cases in the history of the Scandinavian country with a population of 5.5 million, the Danish tax authority is seeking US$1 billion from Microsoft in back taxes. The case stems from Microsoft’s 2002 purchase of Danish software company Navision. Danish authorities are claiming that Microsoft sold rights to Navision’s business planning software — now called Dynamics NAV — for less than market value to a subsidiary in Ireland.