this post was submitted on 14 Aug 2024
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Coca-Cola Taxes (sh.itjust.works)
submitted 3 months ago* (last edited 3 months ago) by ModerateImprovement@sh.itjust.works to c/whitepeopletwitter@sh.itjust.works
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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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[–] Sea_Foam_Green@lemmy.world 2 points 3 months ago (2 children)

Keep going, I’m listening.

All my comment was saying is that this is a toothless judgment.

[–] Hacksaw@lemmy.ca 5 points 3 months ago

Getting 16 billion in back taxes isn't toothless.... It's making them pay their fair share....

Toothless would be if there was no way to force them to pay.

[–] jorp@lemmy.world 2 points 3 months ago

it's better than nothing, and Coke has competitors that aren't getting fined, so their hands are somewhat tied