Pfizer Inc (PFE)

[Johnny_C]

As far as what happened with Abbvie tax rate, I can’t see PFE rate dropping that significantly overall. Of course US rates will drop on US sales but I would think PFE more than most pharma would have one of the lowest rates.

What is not talked about at all is the territorial tax. Repatrioting past profits is great for R/d, stock buybacks, new Plants and US initiatives and M&A. But going forward there will not be any tax on foreign profits as once the tax is paid in the host country that money can freely flow back to US