U.S. drug makers see big profits

U.S. drug makers see big profits — but many pay taxes far below the corporate rate Drugmakers make big profits in the U.S. But many pay taxes far below the 21% corporate tax rate. Pfizer's effective tax rate is so low it's getting a big refund despite booking $59 billion in revenue.#pfizer

Source: Reuters: Health - April 12, 2024 Category: Consumer Health News Source Type: news