Brief: Kenon provides update on tax claim relating to IC Power's distribution business

Kenon Holdings

22/08/2016 15:19

Aug 22 (Reuters) - Kenon Holdings Ltd  KEN.N  
    * Kenon provides update on tax claim relating to IC Power's 
distribution business Energuate 
    * Says Guatemalan Tax Administration has issued a claim 
against Energuate companies for back taxes for years 2011 and 
2012 
    * Says amount claimed by SAT is approximately $17 million, 
excluding interest and penalties 
    * Says for years 2013 to 2015 companies are proceeding to 
pay amounts that would be owed to SAT 
    * Says total amount of $31 million for back taxes for the 
years 2013 to 2015 
    * Says total payments covering 2011 to 2015 are estimated to 
be in range of $65 to $72 million in aggregate 
 
Source text for Eikon:  ID:nPn94Qspla  
Further company coverage:  KEN.N  
 
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