API Consumer Brands
Healthcare, pharmaceuticals & skin care
New Zealand based manufacturer of health & beauty products. Owned by Australian-based pharmaceutical company, API, owner of Priceline.
|API Consumer Brands||NZL||website|
| Australian Pharmaceutical Industries Ltd
owns 100% of API Consumer Brands
|API Consumer Brands|
|Australian Pharmaceutical Industries Ltd|
In 2013 and 2012 the Therapeutic Goods Administration's Complaints Resolution Panel upheld complaints about ads by this company on the grounds that they breached advertising codes. The Panel requested this company withdraw the ads and not to use representations in the ads again.
[Source 2013][More on Irresponsible Marketing]
According to data released by the Australian Tax Office in Dec 2015, this company was one of 579 local and foreign-based companies that paid no tax in Australia in 2013-14. Please note however that companies pay income tax on profits, not revenue (total income). While some companies use tax havens and loopholes to avoid paying their fair share of tax in Australia, other companies that paid no tax have perfectly legitimate reasons.
[Source 2015][More on Finance]
|Company Structure||Wholly-owned subsidiary|
|Address||Manukau City, Auckland, New Zealand|