News

CANADA: Coke faces $66m tax sting from Canadian investigation

Most popular

Should Campari Group be renamed Aperol Group?

Campari Group's Aperol Q3 bonanza - Comment

just-drinks' M&A database - Oct 18

just-drinks speaks to A-B InBev CEO Carlos Brito

MORE

Coca-Cola Bottling Ltd is being investigated by Canadian tax collectors, which may result in the soft-drinks giant handing over more than C$100m (US$66m) worth of back taxes, the Toronto Globe and Mail has reported. It has revealed that Canadian tax investigators are examining how Coca-Cola prices the concentrate it uses to produce its drinks and whether the company charged too much to its bottling operations to keep both its Canadian profits and therefore taxes low.


Related Content

US soft drinks industry defends anti-grocery tax ads

US soft drinks industry defends anti-grocery tax ads...

Will the sugar tax story pan out as expected? - Comment

Will the sugar tax story pan out as expected? - Comment...

How the sugar tax has transformed the soft drinks category - Comment

How the sugar tax has transformed the soft drinks category - Comment...

UK sugar tax

UK sugar tax "in line with our expectations" - Coca-Cola European Partners...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..



Forgot your password?