Valmet has received a reassessment decision from the Finnish tax authority
Valmet Oyj's stock exchange release on December 22, 2016 at 9:00 a.m. EET Valmet has received a reassessment decision from the Finnish tax authority for Valmet Technologies Inc. The reassessment decision is a result of a tax audit carried out in the company, concerning tax years 2010-2012 when Valmet was part of Metso Group. The Finnish tax authority has requested Valmet to pay additional taxes, late payment interest and penalties in total of EUR 19 million. The decision concerns compensation charged by Valmet Technologies Inc from its foreign subsidiaries. In this context Valmet is