Excusez-nous: French giant Sanofi takes Australia to the cleaners

French drug giant Sanofi is the textbook case of the tax-avoiding, corporate-welfare-loving multinational colossus taking Australian taxpayers and consumers to the cleaners. An investigation of nine years of financial statements by Sanofi-Aventis Australia Pty Ltd, has found the company paid income tax of just $106.5 million on revenues of $7.5 billion, just 1.4 per cent. … Continue reading Excusez-nous: French giant Sanofi takes Australia to the cleaners