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Perrigo Settles €1.6 Billion Tax Dispute With Revenue.

Stock image: Pexels

The firm has paid €297 million.

Drugmaker Perrigo has settled a €1.6 billion euro tax dispute with Revenue for €297 million..

The 2018 bill's thought to be the largest ever issued by Revenue, and was based on the sale of a drug by a company bought by Perrigo in 2013.

Perrigo previously lost a High Court challenge against the tax bill, but it had remained before the Tax Appeals Commission.

However the company says it has now reached a settlement due to the continued risks and costs of litigation.

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