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Coca-Cola Taxes (sh.itjust.works)
submitted 10 months ago* (last edited 10 months ago) by ModerateImprovement@sh.itjust.works to c/whitepeopletwitter@sh.itjust.works
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https://mastodon.social/@MEActNOW/112956139620337300

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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[-] Gradually_Adjusting@lemmy.world 72 points 10 months ago* (last edited 10 months ago)

Fun fact, these back taxes are higher than the share value of the entire company (~$11bn market cap).

Edit: I was misled by this site. The cap is much larger, and my fact was not fun.

[-] SuspiciousCatThing@pawb.social 31 points 10 months ago

Good. I hope it hurts.

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this post was submitted on 14 Aug 2024
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