Pfizer's (PFE) aggressive tax-avoidance schemes are under scrutiny from the SEC, which has sent...

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BlueOkie Comments (2520)
 
The purpose of PFE is to make a profit legally, not pay taxes
7 Oct 2012, 07:30 AM Reply Like

taplinger Comments (123)
 
You forgot to read their mission statement - their purpose is to discover and bring to market drugs that help people and save lives. If they do that well they make a profit and if they're well-managed they don't pay more taxes than they're obligated to. When you have the tail wagging the dog, as you have, a company can find itself in trouble.
9 Oct 2012, 03:17 AM Reply Like

BlueOkie Comments (2520)
 
That's the marketing department's version. I own stock in PFE because I want a monetary return. If PFE doesn't make a profite they go out of business and don't do R&D and don't save lives.
14 Oct 2012, 09:25 AM Reply Like

inmocean Comments (48)
 
It's probably possible if PFE keeps all their R&D in the US, even though it charges more for drugs domestically than internationally.
7 Oct 2012, 01:23 PM Reply Like

brucemayers Comments (38)
 
The SEC should direct their letter and criticism to Congress who has the power to change the tax code. As a matter of fact it is their duty to do so.
7 Oct 2012, 02:02 PM Reply Like

Meleke Capital Management Comments (5)
 
Obama and his cronies need to do their weekly shakedown. This week its PFE. Gotta balance the budget somehow and reduce debt. This administration MO for the last 3 years.. chicago shakedown
8 Oct 2012, 12:43 PM Reply Like

taplinger Comments (123)
 
It's also called regulation. Not every president can be as successful as Bush was.
9 Oct 2012, 03:13 AM Reply Like