Tell Congress: Stop Pfizer from Deserting American Taxpayers
United States Congress
The American pharmaceutical giant Pfizer is merging with Allergan in order to shift its tax address offshore to Ireland and avoid paying its fair share of taxes here at home.
By moving its tax address (but not its headquarters and employees) to a tax haven, Pfizer will likely avoid paying the U.S. taxes it owes on about $140 billion in profits it has stashed offshore. That will cost us tens of billions of dollars in lost revenue – money that is needed to maintain critical services here at home. But we can put a stop to it NOW!
Demand that Congress pass the Stop Corporate Inversions Act, which would:
- Stop an American company from deserting the United States by simply changing its corporate address to a tax haven.
- Require that a company that has its headquarters in America pay its fair share of U.S. taxes.
- Require a company whose majority of shareholders are American to be considered American so that it pays its fair share of U.S. taxes.
Call on Congress today to stop Pfizer from deserting American taxpayers and to ensure that it pays its fair share of taxes.
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United States Congress
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Pfizer – a U.S. pharmaceutical company headquartered in New York City – is attempting to desert America by moving its tax address to Ireland, an offshore tax haven, in order to dodge its taxes here at home. As a multi-billion dollar American company, which gets nearly $1 billion a year in federal government contracts, Pfizer should pay its fair share of taxes here at home. It should not stick the American people with the tab.
Please pass the Stop Corporate Inversions Act to stop Pfizer’s disastrous corporate inversion as well as future inversions, which rob American taxpayers of billions of dollars each year.
Congress needs to stand up for the American people, not protect tax loopholes for special interests.