Brief: Pandox: Decision From Tax Authority Regarding Transfer Pricing

Pandox AB

19/12/2019 12:25

Dec 19 (Reuters) - Pandox AB  PANDXb.ST :
    * PANDOX HAS RECEIVED A DECISION FROM THE SWEDISH TAX AUTHORITY REGARDING THE GROUP'S
TRANSFER
PRICING
    * SWEDISH TAX AUTHORITY IS OF OPINION THAT ALLOCATION OF PROFITS SHALL NOT BE MADE TO
COUNTRY
WHERE OPERATIONS ARE CONDUCTED BUT TO COUNTRY OF PARENT COMPANY
    * HAS BEEN GRANTED AN EXTENSION OF PAYMENT BY SWEDISH TAX AUTHORITY DUE TO UNCERTAINTY OF
OUTCOME
OF CASE
    * SHOULD TAX AUTHORITY BE SUCCESSFUL WITH ITS POSITION IN COURT, CO ESTIMATES EFFECT ON CO
IS
LIMITED
    * MAXIMUM EXPOSURE IS ESTIMATED TO BE TAX SURCHARGES OF SOME SEK 53 MILLION

Source text for Eikon:  ID:nWkr9QQqy 
Further company coverage:  PANDXb.ST 

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