Pfizer Italy in the crosshairs of the Italian authorities. According to what was learned by the Ansa agency, the Guardia di Finanza in collaboration with the Revenue Agency has initiated a tax audit which is still in progress. This is an administrative activity, the outcome of which is not yet defined.
According to rumors reported by the Bloomberg agency, Pfizer has transferred 1.2 billion euros in profits to divisions in other countries to avoid paying taxes on profits. There is still no assessment report and the party has not yet been notified of anything. The checks will continue in the next few days.
The survey on the pre-Covid years
The survey, reports the Bloomberg agency, relates to the years 2017, 2018 and 2019, therefore before the Covid pandemic. “The Italian authorities routinely” carry out checks and “Pfizer cooperates,” says Pfizer spokesperson Pam Eisele with Bloomberg. “Pfizer complies with Italy’s tax laws and requirements,” adds Eisele. The agency reports that Pfizer Italia would have transferred 1.2 billion euros to the divisions affiliated with Pfizer Production and Pfizer Manufacturing in the United States and the Netherlands to avoid taxes on profits.
Last updated: Thursday 27 October 2022, 08:57
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