US drug company Perrigo fails in High Court bid to overturn €1.64 billion Irish tax demand

Image: RollingNews.ie Image: RollingNews.ie AMERICAN PHARMACEUTICAL COMPANY Perrigo has failed in a High Court bid to overturn a €1.64 billion Irish tax demand.

The revised demand relates to the 2013 sale to Biogen of Perrigo’s 50% interest in the intellectual property linked to multiple sclerosis drug Tysabri. It also appealed the decision to the Tax Appeal Commission , where a decision on the matter was stayed last year pending resolution of the High Court action.

When is tax not a tax ? When it's an Apple.

When are the government expected to overturn this decision?

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