Inside Coca Cola's $6 Billion Transfer Pricing. Will the IRS Succeed? скачать в хорошем качестве

Inside Coca Cola's $6 Billion Transfer Pricing. Will the IRS Succeed?

A few weeks ago, Coca-Cola announced it would have to pay the IRS $6 billion in back taxes and interest after a U.S. Tax court ruling. The tax issue is a very complex yet interesting field of taxation called “transfer pricing.” Connect with me! I prepare US income tax returns for individuals and businesses. The first consultation is free. Website: www.LiliyaCPA.com LinkedIn:   / liliya-yerassilova-cpa-msa-1a946571   *Please note that this video and the channel overall are not meant to be educational or a complete tax guide and do not contain any professional advice. Opinions in the video are my own. Chapters: 00:00 Intro 03:24 Transfer Pricing Effects on Consolidated Income 03:54 IRS and OECD 04:28 Arm's Length Transactions 05:13 Briefly about 2 categories 05:32 Coca-Cola's Methodology 05:50 How It Started 07:33 What Will Coca-Cola Do? 08:00 Arguments For Coca-Cola 08:52 Arguments For the IRS 09:26 Analyzing the CPM Method 10:16 Income Shifting 10:57 Compare Other Countries 12:15 Question: Why? 12:30 A few theories 14:05 How the litigation could've been avoided? 16:05 Disadvantages Useful resources used in the video: Website with the Return on Assets Chart: https://www.kbkg.com/tax-insight/tax-... The most recent news article from which I got the video idea: https://www.foxbusiness.com/markets/c... Historical US Corporate Tax Rates Chart: https://bipartisanpolicy.org/explaine... The IRS resource for more information on Advanced Pricing Agreements (APAs): https://www.irs.gov/businesses/corpor... Music Used in the video: Cinematic Time Lapse by Aleksey Chistilin (Lexin_Music) from Pixabay https://pixabay.com/users/lexin_music... In the End (Short Version) by Breakz Studios from Pixabay https://pixabay.com/users/breakzstudi... Uplifting Upbeat Energetic Instrumental by Roman Senyk from Pixabay https://pixabay.com/users/romansenykm...