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GAO: Pentagon Contractors Owe Gov’t $3 Billion In Taxes

HeadlineFeb 13, 2004

A new report issued by the General Accounting Office has determined that Pentagon contractors owe the government owe at least $3 billion in back taxes. Under federal law the government could have levied fines of $100 million on these contractors last year. Instead the government collected just under $700,000. ?

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