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Bacardi seething after Havana Club ruling

2016-01-18 13:45:53| Beverages - Topix.net

The US government has been accused by Bacardi of turning its back on its own laws following a ruling that granted the Havana Club trademark to Pernod Ricard. Bacardi has been selling Havana Club in the US since 1994, while the brand has been sold elsewhere by Pernod Ricard.

Tags: club ruling havana bacardi

 

Anheuser-Busch InBev "disappointed" over EU's Belgian tax ruling

2016-01-12 12:33:00| Daily beverage news and comment - from just-drinks.com

Anheuser-Busch InBev has said it is considering its options after the European Union ruled that a Belgian Government-run tax scheme that it is part of is illegal.

Tags: tax ruling disappointed belgian

 
 

EU unveils ruling on illegal tax breaks in Belgium

2016-01-11 15:22:03| Beverages - Topix.net

Around 35 multinationals including brewer Anheuser-Busch InBev NV will be required to pay back around EUR700 million in additional taxes in Belgium after European Union regulators ruled they had benefited from an illegal tax break. The decision by the European Commission, the bloc's top antitrust regulator, is the latest step in a high-profile inquiry into alleged unfair tax deals that has already ensnared at least four U.S. multinationals, including Apple Inc., Amazon.com Inc., McDonald's Corp. and Starbucks Corp. It comes at a sensitive time for Belgium-based AB InBev, which is in the middle of a complicated $108 billion deal to buy the world's second-largest brewer, SAB Miller PLC of London.

Tags: tax belgium illegal breaks

 

EU Announces Ruling on Illegal Tax Breaks in Belgium

2016-01-11 14:16:58| Beverages - Topix.net

Around 35 multinationals including brewer Anheuser-Busch InBev NV will be required to pay back around a 700 million in unpaid taxes in Belgium after European Union regulators ruled they had benefited from an illegal tax break.

Tags: tax belgium illegal breaks

 

Kerala's bars hit by Supreme Court prohibition ruling

2016-01-06 16:17:00| Daily beverage news and comment - from just-drinks.com

The popular Indian tourist destination of Kerala state started the new year with hundreds of bars remaining closed, after a Supreme Court ruling upheld the state government's 'partial prohibition' policy.

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