Despite the challenges posed by the complex tax laws and regulations facing the food, beverage and agribusiness industry—particularly for companies operating in multiple jurisdictions—forward-thinking clients can take steps to eliminate tax inefficiencies, mitigate potential tax liabilities and resolve tax controversies favorably. With one of the largest law firm tax practices in the world at our disposal, we provide comprehensive counsel on international, federal, state and local tax issues virtually everywhere our clients do business.
We regularly advise on transfer pricing planning; compliance and controversy resolution; tax-free and taxable acquisitions, joint ventures and restructurings; in-licensing and out-licensing of intangibles; product sales and transactions with foreign affiliates and repatriation of earnings from foreign affiliates; and employee compensation and benefits.
Our skilled tax litigators represent food, beverage and agribusiness companies and agricultural cooperatives in controversies at the administrative level and in the courts. Proactively, we work with clients to present their views on tax legislation and regulation to lawmakers and government officials who develop tax legislation and regulations.
Dogfish Head Craft Brewery, a popular US craft brewery, with a significant growth equity investment from a private equity firm
Duvel Moortgat, a Belgian brewing company, in its acquisition of Firestone Walker, a Central Coast California-based craft brewer
Levy Restaurants, a worldwide leader in the sports and entertainment foodservice industry, in its strategic acquisition of Prom Management Group, Inc.’s national sporting event food, beverage and catering business
A global producer of spirits, wines and beer products, as tax counsel, including representation in tax controversy matters, large-scale planning projects, and a variety of transactional and advisory matters