ModerateImprovement@sh.itjust.works to People Twitter@sh.itjust.works · edit-23 months agoCoca-Cola Taxessh.itjust.worksimagemessage-square172fedilinkarrow-up11arrow-down10file-text
arrow-up11arrow-down1imageCoca-Cola Taxessh.itjust.worksModerateImprovement@sh.itjust.works to People Twitter@sh.itjust.works · edit-23 months agomessage-square172fedilinkfile-text
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/
minus-squareSirQuackTheDuck@lemmy.worldlinkfedilinkarrow-up0·3 months agoAnd cut wages at the bottom end of the employment ladder, gotta safeguard that C-suite bonus
minus-squaretowerful@programming.devlinkfedilinkarrow-up0·edit-23 months agoThe CFO, who originally manufactured the tax dodge and got a bonus for doing so, will now have to work out a “restructuring” strategy (IE, cut wages and layoffs) to cover for the increased tax burden… Which will earn them another bonus. Edit: I don’t know that any of this is true
And cut wages at the bottom end of the employment ladder, gotta safeguard that C-suite bonus
The CFO, who originally manufactured the tax dodge and got a bonus for doing so, will now have to work out a “restructuring” strategy (IE, cut wages and layoffs) to cover for the increased tax burden… Which will earn them another bonus.
Edit: I don’t know that any of this is true