GSK fights $5.2 billion IRS claim

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GSK fights $5.2 billion IRS claim

January 31 2005

GlaxoSmithKline (GSK), the UK-based pharmaceutical company, has received a demand for $5.2 billion in additional taxes and interest from the US Internal Revenue Service (IRS) over its transfer pricing calculations for legacy company Glaxo Wellcome from 1989 to 1996

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