But the IRS will come after meeee! /s
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In a Securities and Exchange Commission filing in 2015, Coca-Cola said it had been following the same method to calculate its taxable U.S. income from foreign affiliates for nearly 30 years.
So as tax laws changed, Coca-Cola just kept doing the same thing. Just go ahead and admit to fraud, I guess. Interesting strategy.
What, do you expect the Coca-Cola corporation to hire accountants and lawyers to keep track of changes in tax law?
Is this part of the pay off to Biden's IRS funding increase?
Shorting their stock in 3, 2, …
Which works out to around $29,200,000.00 / DAY in profits, not even total revenue but actual in the pocket profits, for selling sugar water with some flavor additives...