The Swedish Tax Agency endorses previously rejected interest deduction claims from Tele2
Stockholm – Tele2 AB (“Tele2”) (Nasdaq Stockholm: TEL2 A and TEL2 B) has been notified that the Swedish Tax Agency has endorsed Tele2’s appeals regarding claims related to interest deductions on intercompany loans.The Swedish Tax Agency has for the years 2013-2018 denied Tele2 Group deductions for interest expenses on intercompany loans, resulting in a negative tax effect of SEK 350 million, and associated interest of SEK 21 million as of 31 March 2021. While Tele2 has appealed the decisions, a provision for the total amount of SEK 371 million has previously been made. Following a ruling