ATO asks High Court to reverse PepsiCo’s win on royalty withholding tax

Intellectual Property 2024-08-09 11:41 pm By Sam Matthews | Melbourne

The tax office has asked the High Court to overturn a decision which found that payments made by Asahi Breweries-owned Schweppes to PepsiCo under agreements to sell brands such as Pepsi and Mountain Dew in Australia were not subject to a royalty withholding tax.