The Supreme Administrative Court has concluded a tax ruling re years 2012-2014
The Swedish Tax Agency has pursued a case against Hoist Finance where the Administrative court of appeal ruled in favour of Hoist Finance, as was communicated on 2 December 2019. The case was then appealed by the Swedish Tax Agency to the Supreme Administrative Court (the "SAC"), which also ruled in favour of Hoist Finance. The tax matter concerns a company acquired in 2012, with non-utilised tax losses that were offset against profits during 2012-2014. The Administrative court of appeal concluded – in contrast to the view of the Tax Agency - that Hoist Finance had the right to utilise