J&J, McKesson Tax Benefits Should Be Examined, Lawmakers Say

House Oversight Committee lawmakers ask Attorney General Merrick Garland and Treasury Secretary Janet Yellen to examine tax deductions that Cardinal Health, McKesson Corporation, AmerisourceBergen, and Johnson & Johnson are taking related to their opioid settlement agreement.

• Panel investigation shows four companies that contributed to an opioid crisis “may now be attempting to put taxpayers on the hook for billions of dollars in settlement costs,” Chair Carolyn Maloney, Vice Chair Jimmy Gomez write in a letter
  • “We request that you determine whether these tax maneuvers comply with the law, and we urge you to do everything in your ...