Global Giant Under Fire
As of 2013, Yum operated more than 40,000 restaurants, the majority outside the U.S. The company has long pursued aggressive international expansion, and the 2014 restructuring was part of an effort to streamline oversight and financial control across its global empire.
But with billions now hanging in the balance, the world’s most iconic fried chicken brand finds itself in a legal frying pan, staring down one of the largest corporate tax disputes in recent memory.
The IRS, citing policy, declined to comment. Yum Brands also did not respond to inquiries.
If Yum prevails, the case could reshape the way multinational corporations structure foreign operations. If it loses, the judgment could leave a grease-stained dent in its bottom line. Either way, the stakes are as high as a double-decker chalupa.
