Difference between revisions of "Tax Rates Reflect Well-Being"

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Latest revision as of 09:50, 22 September 2024

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

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