News
U.S. chamber sues over rules that discourage companies from moving overseas to avoid taxes
August 5, 2016 /
The lawsuit, filed in U.S. District Court for the Western District of Texas, is a last-ditch effort by the business community to squash proposed regulations that have already scuttled plans by Pfizer to merge with Botox-maker Allergen in an $160 billion deal and become an Irish company. The merger would have saved the pharmaceutical giant at least $35 billion in taxes, according to advocacy groups.
By Renae Merle
MATR Supporters (view all)
Posted in: Government News & Events
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