REG - Telefonica SA - TEF - Execution Notice of Tax Resolution
RNS Number : 0444TTelefonica SA15 March 2019
TELEFÓNICA, S.A. ("Telefónica" or the "Company") in compliance with the Securities Market legislation, hereby communicates the following
INSIDE INFORMATION
Telefónica has been notified an Execution Notice issued by the Agencia Estatal de Administración Tributaria in connection with the Tribunal Económico-Administrativo Central Resolution partially upholding the claims filed against the assessments pertaining 2008-2011 Corporate Income Tax Audit, as mentioned in the insider information statement dated January 23, 2019, Said Notice orders a 702 million euro refund to Telefonica pertaining to overpayments made by the company in those tax years.
Telefonica is evaluating the available legal actions against this Notice, based among other reasons, on the lack of inclusion of delayed interests.
Madrid, March 15, 2019
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.ENDISESFAFFIFUSEDD
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