In Additional Tax Following Audit, Coca-Cola needs to pay $3.3 Billion, says IRS

Recently, Coca-Cola (NASDAQ: KO) announced revenue reports, in that they have mentioned that, Coca-Cola might need to pay $3.3 billion as a tax payment in “additional federal income taxes”. The 169 billion dollar company revealed tax audit for the year 2007 to 2009, and then Internal Revenue Service claimed that the company need to pay around…

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