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Coke CEO Defends Foreign Licensees In $3.3B Tax Court Trial

By David Hansen (March 7, 2018, 8:01 PM EST) -- The CEO of Coca-Cola Co. said on Wednesday the company's foreign licensees were autonomous entities that made key business decisions, disputing the Internal Revenue Service's characterization of them as mere conduits for profit shifting, during the third day of a $3.3 billion transfer pricing trial at the U.S. Tax Court....

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