IRS Investigates UnitedHealth for Alleged Tax Underpayment on Foreign Transfers
STAT reports the IRS is investigating UnitedHealth Group for alleged tax underpayment tied to money transfers to a foreign subsidiary between 2017 and 2020. The IRS wants UnitedHealth to significantly increase taxable income for those years, and the dispute may extend beyond 2020. UnitedHealth says it received IRS notices in March, but the specific subsidiary is not named.