this post was submitted on 14 Aug 2024
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Coca-Cola Taxes (sh.itjust.works)
submitted 3 months ago* (last edited 3 months ago) by ModerateImprovement@sh.itjust.works to c/whitepeopletwitter@sh.itjust.works
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News: https://www.forbes.com/sites/kellyphillipserb/2024/08/06/coca-cola-could-face-16-billion-irs-bill-after-its-tax-court-arguments-fall-flat/

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[–] orcrist@lemm.ee 15 points 3 months ago

Of course they have intent. That's not an issue at all. They're trying to avoid taxes, which is in itself legal, and they aren't denying that. Their theory is that the IRS is doing the math wrong.