By shifting profits offshore in 2019, Pfizer allegedly “carried out what could be the largest tax-dodging scheme in the history of Big Pharma,” Sen. Ron Wyden, D-Oregon, ranking member of the ...

Reporting zero taxable profits in the U.S. in 2019, Pfizer (NYSE:PFE) carried out possibly the largest tax-avoidance scheme in the history of Big Pharma, Senator Ron Wyden (D-Ore.) said on Thursday.

Wyden called on Pfizer to explain how it has been able to tremendously reduce federal tax payments through its overseas tax operations, including those in Puerto Rico.

Senator Ron Wyden (D-Ore.), a senior member of the Senate Finance Committee, accused Pfizer (PFE) of carrying out what he described as potentially the biggest tax-dodging scheme in pharmaceutical ...

Senator Ron Wyden (D-Ore.), a senior member of the Senate Finance Committee, accused Pfizer (PFE) of carrying out what he described as potentially the biggest tax-dodging scheme in pharmaceutical ...

Pfizer in 2019 sold $20 billion of drugs in the U.S. Its federal tax bill? Zero. That revelation was part of a Senate Finance ...