High Court decision in Commissioner of Taxation v PepsiCo, Inc
By API User
The Australian Taxation Office (ATO) acknowledges the High Court decisions in Commissioner of Taxation v PepsiCo, Inc. and Commission of Taxation v Stokely-Van Camp, Inc. The High Court’s decision confirms PepsiCo, Inc and Stokely-Van Camp, Inc are not liable to pay royalty withholding tax nor diverted profits tax in the matters in dispute. The ATO welcomes … Continued