Teva reaches agreement with the israel tax authority to resolve all pending litigation for the company's taxable years 2008-2020

Tel aviv, israel--(business wire)--teva pharmaceutical industries ltd. (nyse and tase: teva) announced today that it has entered an agreement with the israel tax authority (the "ita") resolving all pending litigation with respect to taxes payable for the company's taxable years 2008-2020. under the terms of the agreement the company will pay a total of $750 million in installments between 2024 to 2029. this allows teva to end this historical income tax issue, and to continue to focus on its com.
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