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

  • 📰 thejournal_ie
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 50%

United States News News

United States United States Latest News,United States United States Headlines

The €1.64 billion tax demand relates to the 2013 sale of intellectual property linked to multiple sclerosis drug Tysabri.

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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

When are the government expected to overturn this decision?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 32. in US

United States United States Latest News, United States United States Headlines