Drugmakers ' low U.S. taxes belie their high sales

Tax day is here. While Americans are scrambling to file last minute returns, things are somewhat more complicated for corporations. Corporations are supposed to pay a nominal tax rate of 21%. But in recent years, the biggest pharmaceutical companies had an average effective tax rate of less than…#bradsetser #pfizer #elililly #evaluatepharma #setser #ireland #singapore #ameetsarpatwari #harvardmedicalschool #nature
Source: Reuters: Health - Category: Consumer Health News Source Type: news