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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Total News Sources0
Leaning Left6Leaning Right11Center12Last UpdatedBias Distribution41% Center
Bias Distribution
- 41% of the sources are Center
41% Center
L 21%
C 41%
R 38%
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