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For decades, the free flow of medicines across borders “had the side effect of more or less providing manufacturers free rein to play tax games,” said Brad Setser, an economist at the Council on Foreign Relations.
Simplified Text
Free flow of medicines across borders provided manufacturers free rein to play tax games according to Brad Setser
Confidence Score
0.900
Claim Maker
Brad Setser
Context Type
News Article
Context Details
{
    "topic": "Free flow of medicines",
    "effect": "Tax avoidance",
    "person": "Brad Setser",
    "organization": "Council on Foreign Relations"
}
UUID
9fdae122-e441-425e-ae9e-f9c70b7dd63e
Vector Index
✗ No vector
Created
September 11, 2025 at 8:58 PM (3 days ago)
Last Updated
September 11, 2025 at 8:58 PM (3 days ago)

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Screenshot of https://www.nytimes.com/2025/08/14/health/pharma-tariffs-ireland-taxes.html
https://www.nytimes.com/2025/08/14/health/pharma-tariffs-ireland-taxes.html

US drugmakers using Ireland for tax advantages face billions in tariffs on European medicines. Shifting production to the US increases costs. The situation highlights tax strategies and their impact.

Pharmaceutical Industry
International Trade
Taxation
Ireland
United States
Tariffs

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