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Pfizer likely to avoid US$35b in tax through Allergan merger: tax fairness advocates

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PFIZER Inc will be able to permanently avoid paying US$35 billion in US taxes by merging with Allergan Plc, according to a report released on Thursday by a group that advocates for tax fairness - though a tax and accounting consultant called the num-ber "a little misleading".

New York

PFIZER Inc will be able to permanently avoid paying US$35 billion in US taxes by merging with Allergan Plc, according to a report released on Thursday by a group that advocates for tax fairness - though a tax and accounting consultant called the num-ber "a little misleading".

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