KFC Parent Fights $4B IRS Tax Bill in Court Over Global Restructuring - USA Herald
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KFC Parent Fights $4B IRS Tax Bill in Court Over Global Restructuring - USA Herald
In a brewing courtroom clash that pits fast-food empire against federal power, Yum Brands Inc.—the parent company of KFC, Taco Bell, and Pizza Hut—is challenging a colossal $4 billion tax bill tied to a corporate restructuring the IRS claims triggered billions in taxable income. The dispute, now sizzling in U.S. Tax Court, centers on $2.1 KFC $4B IRS Bill dispute erupts in Tax Court as Yum Brands fights decade-old restructuring charges.
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