2006 Regarding Tax Scams Released By Irs: Difference between revisions

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Revision as of 18:50, 21 September 2024

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The IRS collected $3.4 billion from GlaxoSmithKline for allegedly cheating on its taxes. The government contended that this evaded taxes by making several inter company transactions to foreign affiliates regarding two of the company's patents and trademarks on popular drugs it possess. That is known as offshore tax fraud.

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