What To Know About The IRS's $4 Billion Tax Assessment On Yum! Brands

1. Yum! Brands faces $4 billion IRS tax assessment from a 2014 reorganization. 2. The company is suing the IRS to challenge this tax ruling. 3. The assessment could significantly impact Yum's financial stability if unfavorable. 4. Yum! had a 2024 pre-tax income of $1.9 billion, making the tax bill substantial. 5. The tax reorganization reflects the complexities of M&A activities in large corporations.