Wednesday, February 8, 2017

Allergan says U.S. tax reform unlikely in 2017, sees strong year

Medications/Drugs News Headlines - Yahoo! News
Allergan says U.S. tax reform unlikely in 2017, sees strong year

FILE PHOTO - The Allergan logo is seen in this photo illustration in SingaporePresident Donald Trump and the Republicans are pushing for a tax reform that will likely reduce tax rates and could include a border-adjustment measure that could satisfy Trump's interest in promoting U.S. manufacturing by taxing imports while exempting export revenues from corporate taxation. "There's no real plan yet for what tax reform will look like nor when it will appear," Saunders said on call with analysts after the company reported a strong fourth quarter and forecast an upbeat 2017, helped by key products and new launches.


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