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UnitedHealth pushes back against IRS transfer pricing adjustment for foreign subsidiaries

Fortune ·

UNH Unitedhealth Group Inc
$393.93 -0.43%
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  1. 1UnitedHealth (UNH) is challenging an IRS proposal to increase its taxable income, which questioned the pricing of transactions with its foreign subsidiaries.
  2. 2The notice covers tax years 2017 through 2020, and the IRS is seeking to significantly raise taxable income for each year.
  3. 3The company maintains its tax position is justified and plans to push back firmly, while the subsidiary names and amounts involved have not been disclosed.

This 3-line summary is compiled from the report below.

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