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To avoid the taxman, Sigma Tau flees to Portugal

Published by Editorial board on May 21, 2013 THERE NEWSTO
In the section Chronicle, First floor
About: taxman, Portugal, Sigma Tau

by Clement Pistilli

Sigma Tau, one of the main Italian pharmaceutical groups, intends to incorporate the Portuguese sister company "Defiante". Last year, in correspondence with the company's declaration of crisis and the use of social safety nets for around 600 workers at the Pomezia plant, controversy erupted over the relationship between the Italian giant and the foreign company, subject to investigation by the Agency of revenue.
Now the decision by the Board of Directors of "Sigma Tau Industrie Farmaceutiche Riunite spa" to propose a cross-border merger, on which the shareholders' meetings of both the Italian company and the Portuguese company to be incorporated will have to decide. After his death in 2011,

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Fedaiisf Federazione delle Associazioni Italiane degli Informatori Scientifici del Farmaco e del Parafarmaco