Business as usual...

[DFB]

"Hey its just the way we have always done things"

http://www.nytimes.com/2015/09/19/business/irs-says-coca-cola-owes-3-3-billion-in-taxes.html?_r=0


Got to love it!

 

[MoKelly]

"Hey its just the way we have always done things"

http://www.nytimes.com/2015/09/19/business/irs-says-coca-cola-owes-3-3-billion-in-taxes.html?_r=0


Got to love it!

Yikes!!! Looks like my Coke Zero price will be going up in the future if this happens!!!

MoKelly

 

[MikePA]

Believe Coca-Cola or the IRS? No contest, Coca Cola hands down.

'...the disagreement was over how much it should report as taxable income in the United States in relation with licensing that allows its foreign affiliates to sell products overseas."​

This administration has had multi-national companies in their sights for a long time. They want to get their hands on the profits made off shore. Instructions must have gone out to the IRS to review the tax returns of these companies.

 

[Jstpssng]

And then we wonder why businesses move their home base overseas.

 

[DFB]

And then we wonder why businesses move their home base overseas.

That's funny!

Its EXACTLY why they do...to avoid paying US taxes

"The Coca-Cola brand has been scrutinized by tax officials. Earlier this year, three of Coca-Cola's bottlers -- Coca-Cola Enterprises, Coca-Cola Iberian Partners, and Germany's Coca-Cola Erfrischungsgetranke -- merged their operations into a new Western European bottling company called Coca-Cola European Partners. Thanks to that move, Coca-Cola Enterprises can reduce its exposure to U.S. taxes by moving its headquarters from Atlanta to London."

Read more: Coca-Cola Might Owe the IRS $3.3 Billion (KO,CCE) Coca-Cola Might Owe the IRS $3.3 Billion (KO,CCE)
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