Cola Co. received notice from the Internal Revenue Service that it owes about $3.3 billion in extra taxes, plus interest, becoming the latest global company to clash with the agency over profits booked in foreign countries.<br />The IRS's move follows an audit of the tax years 2007 through 2009, Coca-Cola said in a regulatory filing posted Friday.<br />"We plan to pursue all administrative and judicial remedies necessary to resolve this matter," Coca-Cola said in a separate statement on Friday.<br />"The company has followed the same methodology for determining our U.S. taxable income from certain foreign company operations for nearly 30 years."
