In a recent landmark decision, Moshinsky J of the Federal Court of Australia ruled that a portion of payments made under exclusive bottling agreements made by Schweppes Australia Pty Ltd (SAPL), an Australian company owned by Asahi Breweries, was subject to royalty withholding tax (RWT) to the extent that they related to use of PepsiCo group’s intangible assets held by its US-based companies. The case revolves around Exclusive Bottling Agreements (EBAs) entered into by PepsiCo, Inc (PepsiCo) as owner of the Pepsi and Mountain Dew brands and Stokely-Van Camp, Inc (SVC) as owner of the Gatorade brand with Schweppes Australia Pty Ltd (SAPL), an Australian company owned by Asahi Breweries, as “Bottler”.

As an estimated 25 million students pursued higher education at domestic institutions this past fall, the U.S. Department of Education formalized its most recent set of rules and regulations aimed at protecting students from what it considers to be low-performing educational programs.

In the third edition of our "Why Data Cleanup Fails" insight series, A&M’s Joe Shepley and Christopher Hockey explore the critical role of process in data cleanup and how building strong processes can prevent inconsistent decision making and increased data risk.

Companies in the Facility Services sector — such as janitorial, HVAC, alarm security, fire protection and window washing companies, among others — represent a highly attractive target for private equity (PE) investors due to its recurring revenue streams, long contract terms, and essential service nature.

Liquidity issues continue to haunt ‘independent’ electric vehicle (EV) manufacturers as Fisker sees original equipment manufacturer (OEM) partnership talks disintegrate and Lucid secures a ten-figure investment.

A&M TAGUS’ Equity Change Team and Inclusive Diversity program are excited to kick off the latest Diversity, Equity, and Inclusion (DEI) initiative to promote inclusivity and raise awareness about Neurodiversity!

Despite India's growth potential in the entertainment market, challenges have hindered US media companies. A&M Managing Director David Wisnia shares his insights on navigating the pressures surrounding the entertainment industry in India with Yahoo Finance.

In this article for employers, we outline important upcoming employment tax deadlines for businesses in relation to employee expenses and benefits.

In the context of Saudi Arabia’s economic and structural reforms, as well as the country’s goal of increased diversification economically, socially and culturally in line with the Saudi Vision 2030 program, 2024 is looking to bring some important developments for businesses.

The recent IFA annual conference highlighted crucial regulatory developments in international taxation, including those regarding downward attribution, 'faux controlled foreign corporations,' and exceptions from foreign personal holding company income.

The impact of AI across many sectors will continue to be undeniable. In this article, we examine the role AI may have in the competition enforcement space and how companies can use AI to ensure they meet their competition challenges.

Our ‘First 50’ report identifies the latest trends in executive remuneration from analysis of the first 50 Directors’ Remuneration Reports (DRRs) published in the current AGM season. 

The Early-Stage Venture Capital Limited Partnership (ESVCLP) regime was introduced in 2007 to stimulate the early-stage venture capital sector in Australia. The regime provides generous tax concessions to investors and fund managers alike.

This blog post will provide a breakdown of the involvement of AI within the R&D process of pharmaceutical and biotech companies and offer guidance on how its usage can be captured as part of the R&D tax credit.