Warnock, Colleagues Introduce Bill to Close Tax Loophole for Big Pharma
June 11, 2025
June 11, 2025
WASHINGTON, June 11 -- Sen. Raphael G. Warnock, D-Georgia, issued the following news release:
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Warnock, Colleagues Introduce Bill to Close Tax Loophole for Big Pharma
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Today, Senator Reverend Warnock introduced the Close the Round-Tripping Loophole Act, to close a tax loophole to make it harder for pharmaceutical companies to move profits to offshore accounts and pay lower taxes on American-sold products
Senator Reverend War . . .
* * *
Warnock, Colleagues Introduce Bill to Close Tax Loophole for Big Pharma
*
Today, Senator Reverend Warnock introduced the Close the Round-Tripping Loophole Act, to close a tax loophole to make it harder for pharmaceutical companies to move profits to offshore accounts and pay lower taxes on American-sold products
Senator Reverend War . . .