Tax Rates Reflect Standard Of Living: Difference between revisions
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Revision as of 20:14, 14 August 2026
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The IRS collected $3.4 billion from GlaxoSmithKline for allegedly cheating on its taxes. The irs contended this transfer pricing evaded taxes by making several inter company transactions to foreign affiliates regarding two of the company's patents and trademarks on popular drugs it operates. That is known as offshore tax fraud.
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