Wednesday April 8, 2020

Stephen Kinsella: Ireland - a great little country to do business

In the long run, this sort of merger could be a headache for us

29th November, 2015
Pfizer and Allergan last week found a surprisingly effective cure for paying taxes

Pharmaceutical companies are in the business of finding cures for things that ail us. Last week, Pfizer and Allergan found a surprisingly effective cure for paying taxes. Pfizer merged with fellow pharma giant Allergan to become the largest pharmaceutical company in the world, headquartered for tax reasons in Dublin, but operationally based in the US, where much of the merged company’s activity takes place.

The deal is worth around €150 billion. To give...

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