April 2011


April 28, 2011 3:11 PM | Posted by Lucy McGovern & Elisabeth Koster | Permalink
On 26 April 2011, Sony Corporation (Sony) announced that user information from its PlayStation Network (PSN) and Qriocity online music and video service had been compromised. read more
April 27, 2011 2:55 PM | Posted by Robert Yunan | Permalink
The Federal Court of Australia handed down its decision in International Business Machines Corporation v Commissioner of Taxation on 12 April 2011, which addressed whether payments under a software licence agreement (Licence Agreement) between Australian subsidiaries of IBM and its US parent were royalties and consequently were subject to royalty withholding tax (RWHT). The judgment reaffirms the importance of ensuring that the documentation under which cross border payments are made is carefully drafted to ensure that rights which do not involve the use of IP are separately identified. This will assist in ensuring that RWHT is not charged on payments for these rights. read more