Trade Secrets : Coca-Cola’s Hidden Formula for Avoiding Taxes
▻https://100r.org/2015/12/trade-secrets-coca-colas-hidden-formula-for-avoiding-taxes-4
Coca-Cola justifies its relatively low tax rate in the US by reporting that 80 percent or so of the company’s business takes place outside the US, based on volumes sold. But there exists another yardstick: revenue. Almost 50 percent of the company’s total revenue is generated in the North America. Source: 100r