PepsiCo Owes $2.1M In Tax Penalties, Illinois Panel Affirms
By Lauraann Wood · May 1, 2025, 7:30 PM EDT
PepsiCo was correctly assessed $2.1 million in penalties for categorizing Frito-Lay expatriates' compensation as foreign payroll that would allow the company's profits to be excluded from state income tax calculations, according...
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