AbbVie's 'precautionary' court action against Revenue
Updated / Tuesday, 19 Jan 2021 08:58 AbbVie brings 'precautionary' High Court action against Revenue arising from a €587m tax bill served on it after it bought Allergen Pharmaceutical giant AbbVie has brought a "precautionary" High Court action against Revenue arising from a €587m tax bill served on it after it acquired Allergen. The €587m was reduced to zero liability on appeal to a Tax Appeals Commissioner (TAC). Revenue has appealed that decision to the High Court, arguing the commissioner did not have the jurisdiction to make that ruling. The court heard that last year AbbVie...
Source: rte.ie