PAC seeking clarity over €1.3bn cut to Perrigo’s tax bill

The Dáil’s financial watchdog has asked for an explanation of an ‘eye-watering’ drop in Revenue’s tax take from the pharma giant

In late September 2020, Perrigo announced in a stock exchange notice that it had reached a settlement with the Revenue on the tax bill, which related to the sale of drug patents dating back to 2013