Italy Probes Pfizer in Alleged $1.2 Billion Tax Fraud Case



The Italian government is probing Pfizer for allegedly dodging €1.2 billion (~$1.2 billion USD) in taxes, according to a new report.

The government’s Guardia di Finanza (roughly translated as “Financial Police”) is probing the company most notable for its novel gene therapy messenger RNA Coronavirus Disease 2019 (COVID-19) injection for allegedly skirting capital reporting requirements by transferring profits to entities in the United States and the Netherlands.