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Latest revision as of 03:24, 12 May 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 evaded taxes by making several inter company transactions to foreign affiliates regarding two of that patents and trademarks on popular drugs it keeps. That is known as offshore tax fraud.

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Tax can be a universal guarantee. Another tax-related certainty that's virtually universal is that single people pay more tax than their married brethren. Married people with children pay less tax. In fact, a lot more children you have, the bottom your tax rate. Being fruitful and multiplying is not, however, widely regarded as a successful tax evasion strategy. It's far better to gird your loins in order to get out your chequebook.

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