Brief: Kordsa Says Kordsa Brasil Is Expected To Receive Rebate Worth $10.3 Mln Paid For Taxes Within 18 Months In Brazil

Kordsa Teknik Tekstil

02/08/2021 05:55

Aug 2 (Reuters) - KORDSA TEKNIK TEKSTIL  KORDS.IS :
    * SAID ON FRIDAY THE CASES REGARDING DOUBLE TAXATION OF
STATE TAX
VAT ON SALES REVENES BY FEDERAL TAXATION AUTHORITY SINCE 2003 TO
HAVE BEEN CONCLUDED IN FAVOR OF BRAZILIAN COMPANIES 
    * AS A RESULT OF THESE CASES IN WHICH KORDSA BRASIL IS A
PART OF
IT, KORDSA BRASIL IS EXPECTED TO RECEIVE A REBATE AMOUNTING TO
$10.3 MILLION PAID FOR TAXES WITHIN 18 MONTHS     


    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nIKAP5pZK
    
 Further company coverage:  KORDS.IS  
   


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