The strange case of Perrigo, the Revenue and the shrinking tax demand
Why did our tax authority settle for less than one-fifth of what it thought was properly owed by an American-based pharmaceutical company?
Many companies and individuals have struggled with the size of the tax demands made of them by the Revenue Commissioners. And many more will struggle over the next year or two as Revenue becomes tougher in demanding money it says it is owed but was not paid because of Covid.
So what, then, will people have made of the Perrigo story last week? How many companies and individuals will be allowed to “settle” their debts...
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