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Revision as of 18:45, 17 July 2026

Note: The author is actually a CPA or tax qualified. This article is for general information purposes, and really should not be construed as tax points. Readers are strongly encouraged to consult their tax professional regarding their personal tax situation.

In addition, Merck, another pharmaceutical company, agreed to pay for the IRS $2.3 billion o settle allegations of kontol. It purportedly shifted profits overseas. In that case, Merck transferred ownership of just two drugs (Zocor and Mevacor) to shell it formed in Bermuda.

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