Coca-Cola estimates $12 billion tax liability if it loses US TP case

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Coca-Cola estimates $12 billion tax liability if it loses US TP case

Anjana Haines
February 12 2021
Coca-cola will

Coca-Cola could face a potential liability of more than $12 billion if it loses its long-running battle with the US Internal Revenue Service (IRS) over its transfer pricing (TP) methodology.

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NewsUnited StatesTransfer PricingTax DisputesJurisdictions
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Anjana Haines
Managing editor ITR
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Anjana manages ITR’s online and print coverage, alongside the publication’s awards and events worldwide. She covers all areas of corporate tax matters, but particularly disputes, transfer pricing arrangements and tax treaty analysis.
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