The IRS is scrutinizing how UnitedHealth moved money through foreign subsidiaries—and whether it underpaid taxes

UnitedHealth Group is contesting an Internal Revenue Service proposal that seeks to significantly increase its taxable income based on how it priced transactions with a foreign subsidiary for the 2017 through 2020 tax years. This dispute revolves around transfer pricing, which refers to the price set on transactions between a company's own units in different countries. UnitedHealth plans to vigorously contest the IRS’s proposed adjustments, which come amid broader agency scrutiny of multinational corporations.