Are Big Pharma Using Corporate Tax Savings to Lower Drugs Costs?

Zacks.com-3 hours ago

With the passing of the new tax bill, the corporate tax rate has come down from 35% to 21% which is likely to boosts profit margins. Moreover, the cash repatriation window allowed in the bill will help companies to bring in cash stashed in foreign locations at a one-time tax rate of 10%, leaving these companies with extra ...