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IRS investigating UnitedHealth (UNH) over alleged underpayment of taxes between 2017 and 2020 via a foreign subsidiary, STAT News reports

StockNow breaking-news AI analysis

The IRS is auditing UnitedHealth for 2017-2020 tax underpayments involving complex intercompany transfers, potentially leading to a significant increase in the company's future taxable income obligations.

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IRS seeking to significantly increase taxable income for that period and potentially for subsequent years. UnitedHealth received the notices in March. The audit focuses on intercompany profit transfers, a rare form of examination given the complexity involved.

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