Frucor's long-running tax dispute heading for 2018 hearing

Frucor's long-running tax dispute heading for 2018 hearing
Paul McBeth
By Paul McBeth June 7 (BusinessDesk) - Frucor Beverage's long-running battle with the Inland Revenue Department over the use of convertible notes more than a decade ago is set to hit the courtroom in 2018.  The Suntory Holdings-owned drinks maker whose brands include V, Just Juice and Fresh-up, has held out against claims by the tax department that its use of the notes constituted tax avoidance by letting companies juggle debt and equity components in their New Zealand divisions providing a tax advantage for their parent and a loss to the...