"In 2023, Pfizer made more than $27 billion in revenue and paid zero federal income tax."
#Pfizer #COVID19vaccines #IncomeTax
https://jacobin.com/2024/04/pfizer-income-tax-loopholes-trump
#Pfizer #COVID19vaccines #IncomeTax
https://jacobin.com/2024/04/pfizer-income-tax-loopholes-trump
Jacobin
How Pfizer Completely Dodged the Corporate Income Tax
In 2023, Pfizer made more than $27 billion in revenue and paid zero federal income tax. Like many other large US companies, it took advantage of Donald Trump’s 2017 tax law, which widened existing loopholes and set off a tax-avoidance bonanza.