For decades American businesses have fattened their bottom lines(利润，盈亏底线) by shifting profits to low-tax jurisdictions(管辖区域，司法管辖区) abroad. In 2025 alone they saved at least $11bn using these manoeuvres(策略，手段), reckons(估计，认为) the FACT Coalition(美国一个倡导税收公平的联盟), an advocacy group. Now the government wants some of that back.
数十年来，美国企业通过将利润转移到海外低税率地区来充实自己的利润。仅2025年一年，他们就通过这些手段节省了至少110亿美元，据倡导组织FACT联盟估计。现在政府想要收回一部分。
Many American bosses breathed a sigh of relief when, on his first day back in the Oval Office last year, Donald Trump announced that the country was abandoning a global agreement orchestrated by his predecessor that would have subjected tax-shy multinationals to top-up duties.(许多美国老板松了一口气，因为特朗普在去年重返椭圆形办公室的第一天就宣布放弃前任策划的全球协议，该协议本会对避税跨国公司征收补足税。) But those who hoped this would mark the end of government efforts to reclaim(收回，追回) a greater share of their profits booked abroad were mistaken. In May this year UnitedHealth, an American insurance giant, disclosed that the Internal Revenue Service (IRS) was pursuing it over profits it had attributed(归因于，归属于) to a foreign subsidiary, with the agency insisting it had underpaid its taxes back home. The case is part of an effort by the IRS that began during the Obama administration to crack down on(严厉打击) so-called transfer pricing—an initiative the Trump administration has shown no sign of resiling(退缩，放弃) from. Many billions of dollars are at stake(处于危险中，攸关).
去年，唐纳德·特朗普重返椭圆形办公室的第一天就宣布，美国将放弃一项由其前任策划的全球协议，该协议本会对那些避税的跨国公司征收补足税。许多美国老板松了一口气。但那些希望这标志着政府不再努力追回其海外利润更大份额的人，却想错了。今年5月，美国保险巨头联合健康披露，美国国税局（IRS）正就其归因于一家外国子公司的利润追查该公司，该机构坚称该公司在国内少缴了税款。此案是国税局自奥巴马政府时期开始打击所谓转让定价行动的一部分——而特朗普政府没有表现出任何退缩的迹象。数十亿美元岌岌可危。
Among the companies the IRS is tussling(扭打，争斗) with over transfer pricing(转让定价) are Amgen, a biotech firm, and Meta, owner of Facebook and Instagram. But it is the case against Coca-Cola, the world’s most valuable drinks company, that has been called the “Super Bowl of transfer-pricing controversy”.(但针对可口可乐（世界上最有价值的饮料公司）的案件被称为“转让定价争议的超级碗”。) (Tax lawyers are easily entertained.)(（税务律师很容易被逗乐。）)
在国税局就转让定价问题与之纠缠的公司中，有生物技术公司安进，以及Facebook和Instagram的所有者Meta。但针对可口可乐——世界上最有价值的饮料公司——的案件被称为“转让定价争议的超级碗”。（税务律师很容易自娱自乐。）