Lapid Tells Teva CEO That the Drug Maker Must Pay More Taxes

In 2011, Teva paid a corporate tax rate of 0.3%, news that stirred a public outcry during a year of social protest.

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Finance Minister Yair Lapid and the CEO of Teva Pharmaceutical Industries have agreed to launch intensive talks on the amount of tax Teva pays, after Lapid insisted that the company must receive fewer breaks.