Navigation Menu

Poll

How do you rate your relationship with your CFO

Very good, they understand TP requirements well enough
7%
Good but there's room for improvement
29%
Good but TP is not their main concern
51%
They do not understand the requirements of the TP department
12%


View previous poll results

Skip to Navigation menu Skip to top of page

Tax hike stops Fiji water flow

December 07, 2010

Sophie Ashley - TPW

A two-year transfer pricing dispute between the Fijian tax authority and the US subsidiary of Fiji Water has escalated in recent weeks with the company cancelling operations after the government raised tax dramatically.

Bainimarama, Fiji’s military leader, last week raised the tax on Fiji Water from one-third of a cent per litre to 15 cents per litre, against other water bottlers paying one-tenth of a cent.

Free Trial

Sorry. You must be a subscriber to view this article. Alternatively, why not take a free trial? To subscribe and access this article immediately simply click here or call +44(0)207 779 8380.


Email:
Password:

Remember me?
Forgot your password?