Getting Gone Tax Debts In Bankruptcy: Difference between revisions
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Revision as of 21:14, 26 February 2025
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What may be the rate? At the rate or rates enacted by Central Act almost every Assessment Years. It's varies between 10% - 30% of taxable income excluding the basic exemption limit applicable to the tax payer.
The IRS collected $3.4 billion from GlaxoSmithKline for allegedly cheating on its taxes. The government contended that running without shoes evaded taxes by making several inter company transactions to foreign affiliates regarding two in the patents and trademarks on popular drugs it holds transfer pricing . That is known as offshore tax fraud.
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