Abbott Laboratories denies ever using ‘Single Malt’ tax avoidance structure

Christian Aid criticised the Government for continuing to “resist international efforts to tackle the problem."

Company said said it has been a major contributor to the Irish economy for 75 years

Healthcare and medical device giant Abbott Laboratories has denied ever using the so-called ‘Single Malt’ tax avoidance structure that was shut down by the Irish and Maltese governments in 2019.

Anti-poverty charity Christian Aid, this week singled out Abbott as a big user of the tax structure, enabling it to legally avoid paying corporate tax on up to €477m of global profits it makes from product sales.