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Extracted Claims (29746)

Ireland, in turn, gained high-paying jobs, new factories and billions of euros in taxes that helped create an enormous budget surplus. 0.900

👤 The author 📋 News Article 🏷️ Economic , Business

Simplified: Ireland gained high-paying jobs new factories and billions of euros in taxes creating a budget surplus.

1 sources

3 days ago
The companies got not only tax advantages but also a skilled, English-speaking work force and easy access to the European market. 0.900

👤 The author 📋 News Article 🏷️ Business , Economic

Simplified: Drug companies got tax advantages a skilled workforce and easy access to the European market in Ireland.

1 sources

3 days ago
The Irish government attracted drug companies by rewarding them for building factories and hiring local workers. 0.900

👤 The author 📋 News Article 🏷️ Political , Business , Economic

Simplified: The Irish government attracted drug companies by rewarding them for building factories and hiring local workers.

1 sources

3 days ago
Nearly all of the largest pharma companies have a manufacturing presence in Ireland, in some cases dating back decades. 0.900

👤 The author 📋 News Article 🏷️ Business , Health

Simplified: Nearly all largest pharma companies have a manufacturing presence in Ireland dating back decades.

1 sources

3 days ago
Where a company holds its intellectual property is more important for its tax bill than the location of its manufacturing, tax experts said. 0.900

👤 Tax experts 📋 News Article 🏷️ Tax , Business , Economic

Simplified: Intellectual property location is more important for a company's tax bill than manufacturing location according to tax experts.

1 sources

3 days ago
He called for lower tax rates for companies making products in the United States. 0.900

👤 David Ricks 📋 News Article 🏷️ Tax , Business , Economic

Simplified: David Ricks called for lower tax rates for companies making products in the United States.

1 sources

3 days ago
Lower tax rates overseas “drove a lot of the innovative companies to make drugs in low-tax islands like Ireland and Singapore and Switzerland,” said David Ricks, chief executive of Eli Lilly. 0.900

👤 David Ricks 📋 News Article 🏷️ Tax , Business , Economic

Simplified: Lower tax rates drove companies to make drugs in low-tax islands like Ireland Singapore and Switzerland according to David Ricks CEO of Eli Lilly.

1 sources

3 days ago
Changing U.S. tax rules could more directly address the incentives that are motivating drugmakers, they said. 0.800

👤 Tax experts and pharmaceutical executives 📋 News Article 🏷️ Tax , Business , Regulation

Simplified: Changing US tax rules could address incentives motivating drugmakers according to tax experts and pharmaceutical executives.

1 sources

3 days ago
Tax experts and pharmaceutical executives have said that tariffs would be at best a blunt instrument for discouraging corporate activity in Ireland. 0.800

👤 Tax experts and pharmaceutical executives 📋 News Article 🏷️ Tax , Business , Regulation

Simplified: Tariffs would be a blunt instrument for discouraging corporate activity in Ireland according to tax experts and pharmaceutical executives.

1 sources

3 days ago
He added, “This beautiful island of five million people has got the entire U.S. pharmaceutical industry in its grasp.” 0.900

👤 The author 📋 News Article 🏷️ Trade , Pharmaceuticals , Politics

Simplified: President Trump said Ireland has got the entire U.S. pharmaceutical industry in its grasp

1 sources

3 days ago
The president complained in March that Ireland’s tax policies “took our pharmaceutical companies away.” 0.900

👤 The author 📋 News Article 🏷️ Trade , Pharmaceuticals , Politics , Tax

Simplified: President complained in March that Ireland's tax policies took our pharmaceutical companies away

1 sources

3 days ago
This relationship has provoked the ire of the Trump administration. 0.900

👤 The author 📋 News Article 🏷️ Trade , Pharmaceuticals , Politics

Simplified: Ireland-US pharmaceutical trade relationship has provoked the ire of the Trump administration

1 sources

3 days ago
Last year, Ireland sent $50 billion worth of pharma products to the United States, most of which were made and shipped by multinational drug companies. 0.900

👤 The author 📋 News Article 🏷️ Trade , Pharmaceuticals , Economy

Simplified: Ireland sent $50 billion worth of pharma products to the United States last year most of which were made and shipped by multinational drug companies

1 sources

3 days ago
The bulk of those shipments were from Eli Lilly, which manufactures active ingredients for its popular obesity drug Zepbound in Ireland. 0.900

👤 The author 📋 News Article 🏷️ Trade , Pharmaceuticals , Business

Simplified: The bulk of weight-loss drug ingredient shipments from Ireland were from Eli Lilly

1 sources

3 days ago
Unlike India and China, where local companies manufacture low-cost generics, Ireland is where the world’s biggest drugmakers produce expensive brand-name medicines. 0.900

👤 The author 📋 News Article 🏷️ Trade , Pharmaceuticals , Economy

Simplified: Ireland is where the world's biggest drugmakers produce expensive brand-name medicines unlike India and China

1 sources

3 days ago
Those revisions could be significant: Many economists initially dismissed the contraction in G.D.P. in the first quarter because consumer spending was solid and measures of underlying growth were stro... 0.900

👤 The author 📋 News Article 🏷️ Economy , Statistics

Simplified: Revisions could be significant because many economists initially dismissed the first quarter GDP contraction.

1 sources

3 days ago
But subsequent updates made the first quarter look significantly weaker than the preliminary data had suggested. 1.000

👤 The author 📋 News Article 🏷️ Economy , Statistics

Simplified: Subsequent updates made the first quarter look significantly weaker than preliminary data suggested.

1 sources

3 days ago
Irish trade data shows that about $35 billion worth of ingredients used in weight-loss drugs were exported out of Ireland in the first three months of this year. 0.900

👤 The author 📋 News Article 🏷️ Trade , Pharmaceuticals , Economy

Simplified: Irish trade data shows about $35 billion worth of ingredients used in weight-loss drugs were exported out of Ireland in the first three months of this...

1 sources

3 days ago
That would result in less volatility in the quarterly G.D.P. figures. 0.800

👤 The author 📋 News Article 🏷️ Economy , Statistics

Simplified: Bigger inventory moves would result in less volatility in quarterly GDP figures.

1 sources

3 days ago
The second-quarter figures will be revised at least twice in coming months as more complete data becomes available. 1.000

👤 The author 📋 News Article 🏷️ Economy , Statistics

Simplified: Second-quarter figures will be revised at least twice in coming months.

1 sources

3 days ago