The profit CEO Heather Bresch told Congress about was calculated after factoring in the 37.5% U.S. tax rate, according to a filing with the Securities and Exchange Commission first reported by the Wall Street Journal. That tax rate is more than five times the overall tax rate the company actually paid last year and is much higher than its actual U.S. tax rate, which tax specialists have pegged at close to zero.
Is Bresch now at risk of prosecution for making false or misleading statements in her Congressional testimony?[1]
[1] http://www.cnbc.com/2016/07/07/what-happens-if-you-lie-to-co...