John Whelan: Coca-Cola tax dispute with US authorities implicates Ireland again
Two Irish plants employing a total of 1,000 staff produce Coca-Cola concentrate. The US Internal Revenue Service (IRS) is confident that it will be able to claw back $18bn (€16.9bn).
The decade-long dispute between Coca-Cola and the US tax authorities has escalated such that the authorities are confident that they will be able to claw back $18bn (€16.9bn) in taxes which they say Coca-Cola must now pay.
This despite the latest submission from Deloitte, PWC, and KPMG, which attacks the US Internal Revenue Service (IRS), accusing it of “a pattern of arbitrary, capricious and unreasonable conduct”.
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