GlaxoSmithKline settles on the eve of second trial in the Tax Court of Canada

Bill Innes on Current Tax Cases

Kristen A. Parillo in Worldwide Tax Daily reports that the GlaxoSmithKline transfer pricing case has settled on the eve of the second Tax Court of Canada trial (scheduled for January 12, 2015).  Counsel for Glaxo confirmed the settlement but the details remain confidential.