"The U.S. Internal Revenue Service is reportedly looking at the Intel Corp.'s 2001 and 2002 tax returns, specifically the tax treatment of its export sales.
If the agency prevails, Intel said its tax liability for those years would increase by about $600 million, plus interest. The company is disputing those adjustments, the Journal said."
February 24 2004, 1:09 PM EDT, by
Comments:
rlhamon
2/24/04, 1:43 PM EDT
Maybe the IRS should get the Jessie James Tattoo .. "Pay Me Sucka"
sweetjimmyhugs
2/24/04, 8:27 PM EDT
That happened to me once... I mean, you embezzle a few million dollars through an off-shore dummy corporation and all of a sudden the IRS is like "hey, you owe us a lot of money." Where do they get off doing stuff like that?
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I guess one of the funniest memories of my grandfather was the time I was at his house and that tied-up man with the gag in his mouth came hopping out of the closet and started yelling that HE was really my grandfather and the other guy was an imposter and to run for help. Who was that guy?! Oh, well, never saw HIM again.
According to The Washington Times: