November 20, 2018

CAT

PwC’s Clever Tax Advice for Caterpillar a Little Too Clever

Caterpillar, maker of enormous sandbox toys, has received some unfun news. After poking around some old tax returns, the IRS has proposed that the company pay tax increases and penalties of $1 billion. They plan to "vigorously contest" the findings in the appeals process.  This all began with some international transactions, designed by PwC, that got […]