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.
The agency wants to raise the health giant's taxable income for four straight years. Neither side will say how much is at stake.
BELLINGS Intelligence Score: 28
Why it matters
The IRS scrutiny of UnitedHealth's foreign subsidiary transactions is a notable regulatory enforcement action with potential tax implications for a major health insurer, but it is not yet a structural or systemic event affecting broad credit markets.
Sources
Fortune
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.