Tax reforms might boost M&A with main impact from repatriation, says Zacks

2 October 2017

An analysis from the investment research firm Zacks Investment Research has considered the impact that US President Donald Trump’s proposed tax reforms could have on large-cap pharma companies based in the USA.

Mr Trump has proposed to lower the current corporate tax rate of 35% to 15%, along with the creation of a territorial tax system for American companies to create a level playing field.

"The repatriation will benefit large drug/biotech companies more than the tax savings due to rate cuts"

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