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Senate Report Hits AbbVie’s Bermuda Tax Structure for U.S. Humira Sales

·3 min read
Senate Report Hits AbbVie’s Bermuda Tax Structure for U.S. Humira Sales
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Company made most of its overall 2021 sales in the U.S. while recording most of its profits in foreign subsidiaries, leaving it with a tax bill far below the 21% U.S. rate.