WASHINGTON—Michael Bloomberg’s company is embroiled in a tax dispute with the government he wants to lead.
The case pits the Internal Revenue Service against Bloomberg LP over the financial-data company’s claim that it qualifies for a deduction for domestically produced software. The lawsuit in U.S. Tax Court centers on whether Bloomberg leases or licenses its flagship product as software to customers, which would allow it to get the deduction, or provides an online service, which wouldn’t.
MomsDemand and to think y’all take support from a crook
Just another con-artist here... nothing to see
Unfortunately, Bloomberg is too tainted by an exorbitant fortune and, yes, greed to ever be an effective President of the American people.
Nope - we need a president whose focus is on being President of the United States. Skip the embroiled, skip the disputes and law suits, skip the conflicts of interests.
There may be crime here ....
Can he present his tax returns or is he under audit😂
katie_honan What’s next? A Bloomberg news van got a parking ticket on 6th ave? Media doing their best to make sure they get their leftist, socialist side of the party the nomination.
Bloomberg refusing to pay his fair share
“AUDIT”
Hahahah
Far-left Progressive candidates will eat the billionaires alive regardless of the severity of the issue. Going to fact-check this news to make sure its real.
You won't be reading anything about that in any Bloomberg publication...
Everyone with money has a tax dispute with the IRS. Rich guys have the resources to fight.
I guess that means Southern District will open up an investigation into his company. Maybe Schitt will request tax returns for last 10 yrs.
I’m sure it’s not about disclosing Bloomberg’s tax returns.
And he threatened his employees at business not to investigate him!
'NoW yOu CaNt iNvEsTigAte mE beCause I'm a CaNdIDate!'
That's my boy. tribe