EULA comes 'round to bite Microsoft in the butt

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The Masked Marauder
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EULA comes 'round to bite Microsoft in the butt

Post by The Masked Marauder » Tue Apr 01, 2008 9:10 pm

Microsoft EULA lands it with $175m Indian tax headache

"The Product is licensed, not sold."

Those six words just cost Microsoft's Indian operation $87.5m (350 crore) in tax payments and the same again in interest.

Basing its ruling on the terms of Microsoft's own EULA (end-user license agreement), an Indian court has ordered the company to pay tax on royalty income generated in the country, Tax India Online (TIOL) reports.

http://www.channelregister.co.uk/2008/0 ... ax_ruling/

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rick752
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Post by rick752 » Sat Apr 05, 2008 6:05 pm

*giggle*
"Experience is something you don't get until just after you need it"

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