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Revision as of 12:56, 18 August 2026

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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 of that patents and trademarks on popular drugs it transfer pricing keeps. That is known as offshore tax fraud.

In fact, this column was inspired by a totally new York Times article that ran last week, arguing that generous tipping "is a technique that is guaranteed to keep no influence over your facility." (1) Then why does the person being tipped pay overtax?

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