€1.64bn tax assessment raised against Perrigo came as a 'surprise', High Court told

US drug company Perrigo has told the High Court that a €1.64bn tax assessment raised on it by the Revenue Commissioners involved a “very high level of unfairness”.

Paul Sreenan SC, for Perrigo, disputed suggestions its legal challenge goes to the heart of the self-assessment system of taxation. File image

A €1.64b tax assessment raised on drug company Perrigo by the Revenue Commissioners involved a “very high level of unfairness” and came as a “surprise”, not just to Perrigo but the “entire tax community in Ireland”, the High Court has been told.

Irish headquartered Perrigo is challenging that 2018 assessment in proceedings against the Revenue which opened via video-link on Thursday before Mr Justice Denis McDonald.