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Latest revision as of 13:43, 30 June 2026

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The IRS collected $3.4 billion from GlaxoSmithKline for allegedly cheating on its taxes. The internal revenue service 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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Copyright 2010 by RioneX IP Group LLC. All rights reserved. This material may be freely copied and distributed subject to inclusion in the copyright notice, author information and all of the hyperlinks are kept unchanged.

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