Difference between revisions of "Getting Rid Of Tax Debts In Bankruptcy"

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Revision as of 13:41, 30 October 2024

Filing taxes is a confusing and complex process start with for some. Making errors will happen from a person to time, but the one thing you don't want to do is understate the income you cook. Underreporting earnings is one way to get the IRS hopping mad.

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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 your patents and trademarks on popular drugs it holds. That is known as offshore tax fraud.

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