Tax decision by the Swedish Administrative Court regarding Stockmann’s taxation in 2013-2016
STOCKMANN plc, Stock Exchange Release 6.3.2019 at 17:00 EET Tax decision by the Swedish Administrative Court regarding Stockmann’s taxation in 2013-2016 The Administrative Court in Gothenburg has ruled against Stockmann related to the Group’s tax assessments in Sweden for the years 2013-2016. Stockmann will pay the tax and related interests according to the decision. This will have a negative cash flow impact of approx. EUR 20 million in the second quarter of 2019. The decision will have no material impact on income statement as the taxes have been already recognised in the