What happens when one court questions the IRS’s long-standing transfer pricing authority? That’s exactly what the Eighth Circuit did in 3M Co. v. IRS, a decision that could shape the outcome of Coca-Cola’s $18 billion dispute over royalties paid to overseas affiliates. In Bloomberg Tax, Exactera COO Mimi Song comments on how the two cases differ and why those nuances could determine whether the 3M precedent truly applies. Read the full article: https://lnkd.in/gcR5rm-b
