12/8/2023 0 Comments Coca cola transfer pricing![]() Tax Courts decision in Coca-Colas 12 billion transfer pricing dispute and its impact. Tax Court sided with the IRS on November 19, 2020, confirming a tax bill to Coca-Cola of more than 3.3 billion. All rights reserved.įor more detail about the structure of the KPMG global organization please visit. Robert Goulder and Ryan Finley of Tax Notes analyze the U.S. In a transfer pricing case against Coca-Cola’s U.S. © 2023 KPMG LLP, a Delaware limited liability partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. The information contained herein is not intended to be “written advice concerning one or more Federal tax matters” subject to the requirements of section 10.37(a)(2) of Treasury Department Circular 230. KPMG LLP does not provide legal services. On 15 February 2018 the IRS filed a pre-trial memorandum against The Coca Cola Company on the grounds that the transfer pricing methods used by Coca Cola. No one should act upon such information without appropriate professional advice after a thorough examination of the particular situation. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. ![]() The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity.
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