History For The Federal Tax: Difference between revisions

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Revision as of 03:58, 7 January 2025

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

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