Pharma company launch High Court challenge over €1.6bn corporation tax demand

An Irish registered pharma company has launched a High Court challenge aimed at overturning a €1.6 billion corporation tax demand by the Revenue Commissioners.

The action has been taken by Perrigo Pharma International Designated Activity Company (DAC) arising out of a Notice of Amended Assessment for the year 2013, which altered the amount of tax the Revenue claims is due from the company.