Brief: Schroder European Real Estate Investment Sees Potential Exposure Of Up To Eur 14.2 Mln Under Tax Audit

Schroder European Real Estate Investment Trust

18/12/2024 07:23

Dec 18 (Reuters) - Schroder European Real Estate
Investment Trust PLC  SERE.L :
    * SCHRODER EUROPEAN REAL ESTATE INVESTMENT- AS PART OF
ONGOING TAX
AUDIT, FORMAL 'PROPOSAL FOR ADJUSTMENT' HAS BEEN RECEIVED FROM
FRENCH TAX AUTHORITY
    * SCHRODER EUROPEAN REAL ESTATE INVESTMENT-  'PROPOSAL FOR
ADJUSTMENT' INCLUDES A PROPOSED PENALTY ON ANY TAX FOUND
ULTIMATELY DUE
    * SCHRODER EUROPEAN REAL ESTATE INVESTMENT- INCLUDING
APPLICATION
OF INTEREST AND PENALTIES, POTENTIAL EXPOSURE FOR GROUP SEEN TO
BE UP TO EUR 14.2 MILLION
    * SCHRODER EUROPEAN REAL ESTATE INVESTMENT- DISAGREES WITH
'PROPOSAL FOR ADJUSTMENT' AND WILL CONTINUE TO CONTEST ITS
POSITION

Source text:  ID:nRSR4707Qa 
Further company coverage:  SERE.L 

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