Coca-Cola Faces $16 Billion Tax Battle: Ongoing Dispute with IRS Puts Profit and Liquidity at Risk

Coca-Cola has chosen to bet everything on winning. It’s a high risk wager where investors have been provided with minimal disclosure.

Coca-Cola (Ticker: KO) issued a press release on August 2, 2024, just a few days after its 10-K filing, warning investors that the U.S. Tax Court took the next step in the ongoing tax dispute between Coca-Cola and the IRS. The court’s latest decision may cost the Company as much as $16 billion in back taxes. The dispute focuses on an alleged $9 billion …