Aspire Global has Reached an Agreement with the Israeli Tax Authority
Aspire Global Group announces that a settlement has been reached with the Israeli tax authority (“ITA”) in the previously disclosed tax audit related to management and control jurisdiction, permanent establishment and transfer pricing among the group entities. Aspire Global has agreed to pay €13.7 million in retroactive tax relating to the 11 fiscal years 2008-2018. The resolution brings an end to all related investigations into the company.The audit has been mentioned in the Financial Notes and Risk Management sections of the 2018 Annual Report, interim reports and the prospectuses related