New US corporation tax regulations could put Ireland in Trump’s crosshairs
New US tax regulations require large corporations to disclose country-by-country tax payments, revealing Pfizer's significant tax contributions in Ireland. This transparency could potentially draw political scrutiny from the US government regarding international tax practices.
Why it matters
Increased corporate tax transparency may impact international trade relations and tax policy between the US and Ireland.
In an obscure regulatory filing in Washington some weeks ago, US pharmaceutical giant Pfizer did something it had never done before: it declared publicly the amount of corporation tax it pays to Revenue in Dublin. The 2025 payment was not far off €900 million, a huge sum for a single year.
Reports on regulatory changes and financial data without taking a partisan stance.
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