But the IRS will come after meeee! /s
this post was submitted on 14 Aug 2024
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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?
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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...