Why is AbbVie’s tax rate so low? Humira patents cached in Bermuda: Reuters

Why is AbbVie’s tax rate so low? Humira patents cached in Bermuda: Reuters

Source: 
Fierce Pharma
snippet: 

Humira is the world's bestselling drug, marketed by the Big Pharma company that’s expecting to chalk up the lowest tax rate in the industry this year. And a new Reuters investigation shows how AbbVie benefits from the Trump Administration tax changes by offshoring its patents and running a loss in the U.S.