History For The Federal Income Tax: Difference between revisions
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Revision as of 00:39, 16 October 2024
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The IRS collected $3.4 billion from GlaxoSmithKline for allegedly cheating on its taxes. The internal revenue service contended that this evaded taxes by making several inter company transactions to foreign affiliates regarding two of their patents and trademarks on popular drugs it keeps. That is known as offshore tax fraud.
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