Coca-Cola's $6 Billion Tax Fight: How Transfer Pricing Works
I. RG This company, this classic 1970s commercial, is the sound of the Coca-Cola Company selling a lot of coke and making a lot of money. And that's the sound of the Coca-Cola Company losing a lot of money in 2020.A U.S. tax court ruling found Coke had underreported income from transactions between its overseas units. The court later ruled that Coke owed about $2.7% billion. Though with interest, it swelled to $6 billion.Their trademarks and their intellectual property, their recipes, their patents. Coca-Co ...