Difference between revisions of "Offshore Business - Pay Low Tax"
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Revision as of 06:18, 16 October 2024
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The IRS collected $3.4 billion from GlaxoSmithKline for allegedly cheating on its taxes. The government contended that evaded taxes by making several inter company transactions to foreign affiliates regarding two of their patents and trademarks on popular drugs it possess. That is known as offshore tax fraud.
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