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Coca-Cola to pay $6 billion in IRS back taxes case while appealing judge's decision

  • Coca-Cola Co. will pay $6 billion in back taxes and interest to the Internal Revenue Service while appealing a federal tax court decision from a case dating back 17 years.
  • The company believes it will win the legal dispute related to taxes owed for the years 2007, 2008, and 2009.
  • Coca-Cola expects that, if it wins the appeal, “some or all of the $6 billion, plus accrued interest, would be refunded.
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Coca-Cola to pay $6 billion in IRS back taxes case while appealing judge's decision

Coca-Cola Co. says it will pay $6 billion in back taxes and interest to the Internal Revenue Service while it appeals a federal tax court decision in a case dating

·United States
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Le Figaro broke the news in Paris, France on Friday, August 2, 2024.
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