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U.S. tax authorities target multinationals' profit transfers

The U.S. IRS is stepping up lawsuits against Coca-Cola and Meta for shifting profits to tax havens.

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The disputes could bring in up to $100 billion for the U.S. Treasury.

Companies had hoped for relief under Trump, but proceedings continue.

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Auto-synthesis from 1 media source · identified on September 4, 2026
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