Difference between revisions of "A History Of Taxes - Part 1"

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Latest revision as of 03:55, 21 September 2024

Through the proposed DTC / GST legislations, federal government has acknowledged the need of new revenue system nevertheless the proposed new laws apparently appear staying even complex then this current one.

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

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