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Latest revision as of 15:33, 20 September 2024

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But the actual doesn?t stop with mere financial penalization. Punishment will in addition add a great deal being mixed in jail and being compelled to pay fines to workers, but government if evasion is blatantly twisted.

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 the company's patents and trademarks on popular drugs it access. That is known as offshore tax fraud.

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