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A hearing related to a €1.64bn tax assessment by the Revenue Commissioners against US drug firm Perrigo is now slated to be held in November by the Tax Appeals Commission. Last November, the High Court here upheld a 2018 assessment raised against Perrigo, which has its corporate headquarters in Dublin. In 2018, the Revenue Commissioners hit Perrigo with the €1.64bn tax claim related to the drug company s acquisition of Irish pharma firm Elan in 2013. Eight months prior to its acquisition by Perrigo, Elan had sold a 50pc in multiple sclerosis treatment Tysabri to US pharma firm Biogen. Elan received an upfront cash payment of $3.25bn from Biogen, as well as an ongoing royalty stream.

Justice denis mcdonaldTax appeals commissionIrish high courtHigh courtRevenue commissionersTax appealsNovember high courtElan pharmaநீதி டெனிஸ் மக்டொநல்ட்வரி முறையீடுகள் தரகுஐரிஷ் உயர் நீதிமன்றம்உயர் நீதிமன்றம்வருவாய் ஆணையர்கள்வரி முறையீடுகள்நவம்பர் உயர் நீதிமன்றம்ஈலந் பார்மா