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“Coca-Cola Owes $6 Billion to IRS, Tax Court Rules”

“A U.S. Tax Court judge has ruled that Coca-Cola is on the hook for about $2.7 billion, or about $6 billion including interest, in a long-running dispute with the Internal Revenue Service. The Atlanta beverage giant said Friday that it plans to appeal the court’s decision siding with the IRS…”

https://finance.yahoo.com/m/7084a54c-d40d-35ee-b9f3-97808c1c975a/coca-cola-owes-6-billion-to.html

When the economy get bad even big companies start to feel the pressure. If they paid the proper amount of taxes to begin with this wouldn’t be a problem.

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