Fortum received positive administrative court decision in Sweden on hydro production related real estate tax for the years 2009–2014
FORTUM CORPORATION INVESTOR NEWS 3 July 2017 at 09:00 EESTThe administrative court in Stockholm, Sweden, has on 30 June 2017 given its decisions related to Fortum Sverige AB’s hydro production related real estate tax assessments for the years 2009–2014. The court decisions were in Fortum’s favour. The tax authority may appeal the decision. The disputed amount for the five years was a total of 510 MSEK (EUR 53 million). Fortum will book the tax income (subject to income tax) only after the legal decision has entered into force.Fortum has paid its real estate taxes in accordance with