Companies / United Kingdom
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GSK Stung By Massive US Tax Payout
September 2006 | Legal NewsSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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Demonstrating the power of US regulators, UK firm GlaxoSmithKline (GSK) has agreed to pay US$3.1bn to settle a tax dispute with the US government that was due to go to court next year. The settlement is the largest single payment made to the Internal Revenue Service (IRS) to resolve a taxation