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Archive for February, 2007

Merck Settled Tax Dispute with IRS for $2.3 Billion

Wednesday, February 21st, 2007

The taxes paid relate to a 1993 partnership agreement that provided for Merck to shift taxable income to a subsidiary of a United Kingdom bank, Abbey National PLC, but avoid the financial loss of shifting comparable book income. For more information on tax fraud and corporate whistleblower rewards, click here.

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