Coca-Cola liable for billion-dollar tax bill in IP row

19-11-2020

Muireann Bolger

Coca-Cola liable for billion-dollar tax bill in IP row

tetiana_shumbasova / Shutterstock.com

Coca-Cola has lost its bid to avoid paying a substantial portion of a $3.4 billion tax bill levied by the US Inland Revenue Service, at the US Tax Court on Wednesday, November 18.


Coca-Cola, IP, US Tax Court, transfer pricing, Inland Revenue Service, trademarks, licence, brand names, logos, patents, secret formulas

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