Topic
multinationals
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marketwatch.combusiness7 hrs ago
Coca-Cola Appeals IRS Transfer-Pricing Ruling That Could Add $14 Billion to Its $6 Billion Payment
Coca-Cola and the IRS will begin oral arguments Thursday in the US Court of Appeals for the Eleventh Circuit over a potential $20 billion tax bill tied to overseas profits. The Atlanta-based company paid $6 billion last year while pursuing the appeal.