The soft drinks bottler, Coca-Cola Amatil, is facing a A$50m (US$30.2m) tax bill from the Australian Taxation Office, following a reassessment of the demerger of its European arm in 1998.
The additional claim is in regard to a capital gain which the ATO believes one of the bottler’s offshore subsidiaries made from the transaction. However, Amatil believes that, having taken legal, tax and accounting advice at the time of the demerger, the assessment of its tax obligations at the time was correct.
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Just Drinks Excellence Awards - Nominations Closed
Nominations are now closed for the Just Drinks Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
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De Kuyper Royal Distillers’ De Kuyper Batched 0.0% range has won both Innovation and Product Launches honours in the 2025 Just Drinks Excellence Awards. Learn how these premium, non-alcoholic RTD cocktails help operators serve consistent, bar-quality drinks while tapping fast-growing demand for sophisticated alcohol-free options.
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