Perrigo Expects Settlement To Lower Irish Tax Debt

Ireland’s Office of Revenue concluded it “would not object if the Tax Appeals Commission adjusted the amount of the assessment to less than €1 billion,” says Perrigo CEO Murray Kessler.

• Source: Alamy

Perrigo Company PLC doesn’t have Irish tax authorities’ final answer on potentially reducing or eliminating a $1.9bn assessment but it’s confident it’s in stronger position to negotiate a settlement and pay less.

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