HBW Insight

No Decisions Yet In Perrigo's Disputes With Ireland, US Over Tax Questions From Elan Merger

05 Aug 2020

A court in Dublin has considered Perirrgo's challenge to Ireland tax authorities' ’ 2018 order to pay $1.9bn additional taxes from its 2013 acquisition of Elan that established it as an Irish firm. “We're just probably within 6 months now that we should get some kind of an answer in that regard,” says CEO Murray Kessler.

Ireland flag in the focus. Europe map with countries flags. Shallow depth of field 3d illustration rendering isolated on white background - Illustration

Investors anxious for Perrigo Company PLC to resolve its nearly $2bn tax dispute with Ireland will have to continue waiting before learning whether a judge there agrees with the firm.

The Dublin-headquartered firm, which maintains its primary operations in Allegan, MI, also disagrees with the US Internal Revenue Service about...