USA Today: Turning Pfizer Irish: Our view
media mention“According to the Institute on Taxation and Economic Policy, Pfizer has been particularly adept at setting up overseas shell companies. The company lists 151 subsidiaries in places such as Ireland, Luxembourg, Holland, the Channel Islands and the Cayman Islands. It has used them to manufacture paper losses in the USA, though this is where it can sell its drugs for the highest markups.”
“According to the Institute on Taxation and Economic Policy, Pfizer has been particularly adept at setting up overseas shell companies. The company lists 151 subsidiaries in places such as Ireland, Luxembourg, Holland, the Channel Islands and the Cayman Islands. It has used them to manufacture paper losses in the USA, though this is where it can sell its drugs for the highest markups.””According to the Institute on Taxation and Economic Policy, Pfizer has been particularly adept at setting up overseas shell companies. The company lists 151 subsidiaries in places such as Ireland, Luxembourg, Holland, the Channel Islands and the Cayman Islands. It has used them to manufacture paper losses in the USA, though this is where it can sell its drugs for the highest markups.”