A Reputation Of Taxes - Part 1: Difference between revisions

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Revision as of 15:12, 17 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 in the patents and trademarks on popular drugs it possess. That is known as offshore tax fraud.

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