Coca-Cola says will appeal US tax court penalty worth $6 bn

Coca-Cola said Friday it plans to pay a tax penalty worth $6 billion while it pursues an appeal in a long-running dispute with the Internal Revenue Service. Coca-Cola's press release Friday did not give a timeframe for the $6 billion payments.

Aug 2, 2024 - 18:30
Coca-Cola says will appeal US tax court penalty worth $6 bn
Coca-Cola said Friday it plans to pay a tax penalty worth $6 billion while it pursues an appeal in a long-running dispute with the Internal Revenue Service. Coca-Cola's press release Friday did not give a timeframe for the $6 billion payments.

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