Coca-Cola Enterprises Merger Could Slash Tax Bill
Monday, August 24th, 2015
Coca-Cola Enterprises’ plan to merge with two European bottlers and move its headquarters to Great Britain will likely cost Uncle Sam hundreds of millions of dollars in lost income taxes.
The deal announced earlier this month by the Atlanta soft drink bottler, a Spanish firm and a German company owned by Coca-Cola apparently will be the first so-called “inversion” by a big Georgia corporation, according to tax experts.
