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IRS Probes UnitedHealth Group's Tax Practices on Foreign Subsidiary Transactions

By PulseAugur Editorial · [1 sources] ·

The Internal Revenue Service (IRS) is investigating UnitedHealth Group's tax practices, specifically focusing on how the company priced transactions between its U.S. operations and a foreign subsidiary. The IRS proposes a significant increase in UnitedHealth's taxable income for tax years 2017 through 2020, with potential adjustments for later years. UnitedHealth Group is contesting these proposed adjustments, asserting that its tax positions are well-supported and plans to vigorously challenge the IRS's findings. AI

RANK_REASON IRS scrutiny of a major corporation's transfer pricing practices. [lever_c_demoted from significant: ic=1 ai=0.4]

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AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

IRS Probes UnitedHealth Group's Tax Practices on Foreign Subsidiary Transactions

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IRS scrutiny of a major corporation's transfer pricing practices. [lever_c_demoted from significant: ic=1 ai=0.4]
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COVERAGE [1]

  1. Fortune TIER_1 English(EN) · Tatiana Sataua ·

    The IRS is scrutinizing how UnitedHealth moved money through foreign subsidiaries—and whether it underpaid taxes

    The agency wants to raise the health giant's taxable income for four straight years. Neither side will say how much is at stake.

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