Finance chairman investigating drugmaker AbbVie’s tax strategy ...Middle East

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Finance chairman investigating drugmaker AbbVie’s tax strategy
source : Roll Call ( Middle East ) () 9
Senate Finance Chairman Ron Wyden launched an investigation Wednesday into AbbVie’s international tax practices, accusing the pharmaceutical company of shifting profits offshore and registering patents in low-tax jurisdictions to avoid paying U.S. corporate income taxes.  Wyden, an Oregon Democrat, wrote to AbbVie Inc. CEO Richard A. Gonzalez questioning how the company has paid “a stunningly low effective […] The post Finance chairman investigating drugmaker AbbVie’s tax strategy appeared first on Roll Call.

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