Tuesday, February 20, 2007

Big Companies,Big Problems

A disturbing trend in corporate behavior has emerged.Several big companies have been veering over the tax line.As a result,the likes of KPMG,Glaxo-Smith Kline and General Electric have had to pay penalties recently.According to the Internal Revenue Service,they had been improperly sheltering assets.Their end runs have ended up at a dead end.

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