Pfizer Franchise and Excise Tax Refund

We represented Pfizer and its affiliates in litigation claiming more than $120 million in franchise and excise tax refunds related to the proper treatment of gain from the sale of an operating division and Pfizer’s right to a variance to properly source sales made through a major wholesaler distribution hub located in Tennessee.

Pfizer, Inc. (NYSE: PFE) is a multinational pharmaceutical corporation that develops and produces medicines and vaccines for a wide range of medical disciplines.

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