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U.S. House panel probes four cos. over tax deductions, opioid settlements: statement – Metro US

U.S. House panel probes four cos. over tax deductions, opioid settlements: statement

FILE PHOTO: A man walks past the U.S. Capitol in
FILE PHOTO: A man walks past the U.S. Capitol in Washington

WASHINGTON (Reuters) – The U.S. House Oversight and Reform Committee has questioned four companies over their plans to use a tax provision passed in a COVID-19-related law to address their litigation costs tied to their role in the nation’s opioid crisis, it said in a statement on Friday.

The panel sent letters to Cardinal Health, McKesson Corporation, AmerisourceBergen, and Johnson & Johnson seeking further related information, the statement said.

(Reporting by Susan Heavey)