The sum consists of a payment of 2.72 billion dollars and accrued interest, the company announced on Friday. It announced an appeal.
The case between Coca-Cola and the tax authorities before a federal tax court concerns the allegation that Coca-Cola incorrectly recorded income from abroad between 2007 and 2009. The company stated that if it wins the appeal, it will get the money back. The investigation into the case began in 2015.
