Organon & Co. (OGN) has disclosed a new risk, in the Taxation & Government Incentives category.
Organon & Co. anticipates that the global shift in tax regulations, particularly the OECD-influenced adoption of a global minimum tax by the EU and several countries, will unfavorably influence its effective tax rate and operational outcomes. The company is also wary of potential alterations to tax laws in various jurisdictions, including the United States, which may augment its cash tax liabilities. These anticipated changes are expected to exert downward pressure on Organon & Co.’s financial performance, thereby potentially affecting its financial condition adversely.
Overall, Wall Street has a Hold consensus rating on OGN stock based on 2 Buys, 1 Sell and 2 Holds.
To learn more about Organon & Co.’s risk factors, click here.
