The IRS has set many tax deductions and benefits in place for people. Unfortunately, some taxpayers who are earning a great deal of income can see these benefits phased out as their income ascends.
In addition, Merck, another pharmaceutical company, agreed to pay the IRS $2.3 billion o settle allegations of Bokep. It purportedly shifted profits ocean going. In that case, Merck transferred ownership of just two drugs (Zocor and Mevacor) into a shell it formed in Bermuda.
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