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Pfizer: World’s new giant drugs firm to be Irish for tax savings

Pfizer & Tax: Pfizer, the US drugs giant, which is one of the world’s biggest pharmaceutical firms, is to become Irish for tax purposes and will be Ireland’s biggest company — dwarfing the value of Irish companies such as CRH and Ryanair. Ireland’s national accounts will be further distorted by companies that are mainly run from the US but hold board meetings in Dublin.