Government Tax Deed Sales: Difference between revisions
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Revision as of 18:52, 30 October 2024
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The IRS collected $3.4 billion from GlaxoSmithKline for allegedly cheating on its taxes. The government contended 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 holds. That is known as offshore tax fraud.
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