Curtis & Avi-Yonah: Microsoft’s Cost-Sharing Arrangement — Frankenstein Strikes Again

Stephen L. Curtis (Cross Border Analytics) & Reuven S. Avi-Yonah (Michigan; Google Scholar), Microsoft’s Cost-Sharing Arrangement: Frankenstein Strikes Again, 178 Tax Notes Fed. 1433 (Mar. 6, 2023):

In this report, Curtis and Avi-Yonah break down Microsoft’s cost-sharing arrangement and explain how corporate taxpayers have been able to improperly exploit the cost-sharing regulations to shift hundreds of billions or even trillions in U.S. profits offshore with little or no IRS detection or enforcement.