Swedish Administrative Court rules in favour of Fortum in income tax cases regarding the years 2014 and 2015
FORTUM CORPORATION INVESTOR NEWS 29 NOVEMBER 2018 9:00 EET The Administrative Court in Stockholm, Sweden, has on 28 November ruled in favour of Fortum related to Fortum's income tax assessments in Sweden for the years 2014 and 2015. Fortum received income tax assessments for the year 2014 of SEK 282 million (EUR 27 million) and for the year 2015 of SEK 200 million (EUR 19 million) from the Swedish tax authority in December 2016 and October 2017, respectively. The assessments concerned Fortum right to deduct interest relating to intra-group loans. Fortum appealed the decisions to the