UnitedHealth Faces IRS Fight over Foreign Subsidiary Transactions and Potential Tax Bill

UnitedHealth faces IRS fight over foreign subsidiary transactions and potential tax bill

The IRS is seeking to increase UnitedHealth’s taxable income over foreign subsidiary transactions as the healthcare giant contests the proposed tax adjustments.

The IRS wants to significantly increase UnitedHealth’s taxable income. Neither side will say by how much

The dispute involves transfer pricing with a foreign subsidiary, an area of tax law that has produced multibillion-dollar corporate battles.