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Takeda Settles Tax Dispute with Irish Revenue over Break Fee Received by Shire

Takeda Settles Tax Dispute with Irish Revenue over Break Fee Received by Shire
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Takeda Pharmaceutical (TAK) Settles Tax Dispute with Irish Revenue over Break Fee Received by Shire

Takeda Pharmaceutical (TAK) Settles Tax Dispute with Irish Revenue over Break Fee Received by Shire
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Takeda Settles Tax Dispute with Irish Revenue over Break Fee Received by Shire - Takeda Pharmaceutical (NYSE:TAK)

Takeda ((

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Takeda Pharmaceutical Company Limited: Takeda Settles Tax Dispute with Irish Revenue over Break Fee Received by Shire

Takeda Pharmaceutical Company Limited: Takeda Settles Tax Dispute with Irish Revenue over Break Fee Received by Shire
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Takeda Settles Tax Dispute With Irish Revenue Commissioners Over Break Fee Received By Shire

Takeda Settles Tax Dispute With Irish Revenue Commissioners Over Break Fee Received By Shire
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Takeda ponies up €130M to settle tax linked to distant AbbVie-Shire breakup fee

Takeda ponies up €130M to settle tax linked to distant AbbVie-Shire breakup fee
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Takeda Receives Decision by the Irish Tax Appeals Commission Relating to Tax Assessment on Break Fee Shire Received from AbbVie

Takeda Receives Decision by the Irish Tax Appeals Commission Relating to Tax Assessment on Break Fee Shire Received from AbbVie
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Takeda to record 63 bln yen provision, update Q1 results on Irish tax issue

Takeda to record 63 bln yen provision, update Q1 results on Irish tax issue
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Does Green Reit buyer have tax-back case?


Does Green Reit buyer have tax-back case?
Commission’s determination on Abbvie case must have piqued Henderson Park’s interest
Tue, Jan 19, 2021, 04:51
A Green Reit sign at a former development site at Molesworth and Dawson Street in Dublin. Photograph: Cyril Byrne
 
Abbvie, the US pharmaceuticals giant landed with a €500 million-plus Irish tax bill last year as it was caught in the crossfire of a crackdown on a certain type of takeover, must be mightily glad it has won an appeal.
Surely it’s only a matter of time before the real target – the purchaser of Green Reit – demands a refund.

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Abbvie wins appeal against €500m-plus Irish stamp duty


 
US pharmaceuticals giant AbbVie has won an appeal against an unexpected €500 million-plus Irish stamp duty bill it was left with in relation to its takeover of Dublin-domiciled peer Allergan last year.
The Irish Tax Appeals Commission published its determination in the case on its website in recent days in a heavily-redacted document that does not name the appellant.
“The Commissioner determines that the assessment raised under section 31D of the SDCA (Stamp Duties Collection Act 1999) should be reduced to nil,” said Marie-Claire Maney, chairperson of the Tax Appeals Commission. “The appellant should not have received the assessment in respect of the transaction, as this came within the definition of restructuring operations.”

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