Nokian Tyres plc: Administrative Court ruling in the tax dispute case 2007–2010 positive for the company
Nokian Tyres plc Stock Exchange Release May 14, 2018, 10.20 a.m. Nokian Tyres plc has received the ruling of the Administrative Court in the tax dispute of 2007–2010. The Administrative Court has overturned the tax reassessment decisions of EUR 89.2 million of the Board of Adjustment completely and ordered the Tax Administration also to pay Nokian Tyres legal costs worth of EUR 40,000. If Tax Recipients Services Unit does not apply for permission to appeal to Highest Administrative Court in 60 days the ruling stays in force. The company has recorded the tax reassessment decisions