By Doug Zanger

While looking at Microsoft’s Washington state tax breaks, writer, technologist and activist Jeff Reifman noticed something: the company hit $1tn in cumulative revenues this past quarter.

According to Reifman and Statista, the Redmond, Washington-based company has socked away $108bn in earnings in offshore accounts and is receiving around $776m in state tax breaks due to 2010 legislative action, a state royalty tax redefinition led by former Microsoft executive Ross Hunter, who was a state representative at the time. Reifman further noted that, since 1997, Microsoft’s opening of offices in Nevada, a state with no corporate income Read full story ›

Source: The Drum