Microsoft’s US Taxes Drop, Revenue Jumps After Trump Cuts
Macro·1 article across 1 outlet
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
Microsoft Corp. is the latest company to report a sharp drop in its current federal taxes despite growing US revenue, following the enactment of President Donald Trump’s sweeping tax law last year.
This trend highlights the impact of the tax reforms on large corporations, as they benefit from reduced tax liabilities while increasing their revenue streams.
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“Microsoft Corp. is the latest company to report a sharp drop in its current federal taxes despite growing US revenue, following the enactment of President Donald Trump’s sweeping tax law last year.”
Bloomberg — Microsoft’s US Taxes Drop, Revenue Jumps After Trump Cuts