Storebrand Livsforsikring AS: Update on uncertain tax position
Storebrand has received a decision from The Norwegian Tax Administration (TNTA) regarding the uncertain tax position for the income year 2015, claiming changes should be made in the tax returns for Storebrand Livsforsikring AS. Storebrand will not amend the accounts based on the decision as the Board of Directors in Storebrand disputes the legal basis for TNTA's interpretation. The TNTA's decision has in itself no result or solvency impact on the Storebrand Group. The TNTA's decision is based on similar grounds as the ones outlined in a draft decision Storebrand received on 23 May