Government fires back its defense to large tax refund suit recently filed by Perrigo Co. (USA), alleging elaborate assignment of pharma licenses from U.S. subsidiary to Israeli controlled foreign corporation and related transactions were shams.
Perrigo Company and Subsidiaries (“Perrigo”) on August 15, 2017, filed a tax refund suit against the United States in the United States District Court for the Western District of Michigan, Southern Division, No. 1:17-cv-00737. [1] Perrigo alleged it overpaid Federal income taxes, penalties and interest, for its 52-53 week tax years ending in the last week in June for the years 2009 through 2012 by over $163 million.