Microsoft faces investor call to publish global tax affairs


FILE PHOTO A Microsoft logo is seen on an office building in New York City U.S. on July 28 2015. REUTERSMike Segar

FILE PHOTO: A Microsoft logo is seen on an office building in New York City, U.S. on July 28, 2015. REUTERS/Mike Segar

LONDON (Reuters) - Investors managing more than $350 billion of assets have demanded that Microsoft publish more transparent tax and financial information, as tech giants face growing scrutiny globally over their tax affairs.

A shareholder resolution on tax transparency had been filed to Microsoft ahead of its annual investor meeting this year, said the organiser of the action, Britain-based proxy advisers Pensions & Investment Research Consultants (PIRC).

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