Pandox has received a decision from the Swedish Tax Authority regarding the Group’s transfer pricing
Pandox AB (publ) (“Pandox or the Company”) has received a decision from the Swedish Tax Authority regarding the Group’s transfer pricing.Pandox’s transfer pricing does not differ from industry practice. The Swedish Tax Authority is however of the opinion that allocation of profits shall not be made to the country where the operations are conducted but to the country of the parent company, i.e., Sweden. Pandox insists that the Group’s companies are following and have followed applicable laws for taxation in the countries where the Group’s companies are operating and will appeal the decision.