STOREBRAND ASA: Update on uncertain tax position
As previously announced, Storebrand Livsforsikring AS has appealed to the Tax Appeals Board a decision made by The Norwegian Tax Administration (TNTA) regarding the uncertain tax position for the income year 2018, and the transitional rules related to new tax legislation for life insurance and pension companies introduced in 2018. In the appeals process, the TNTA has reversed parts of its own decision. New information in the decision means that Storebrand will book a tax income of about NOK 200 million in the 4th quarter of 2022. Storebrand is awaiting further considerations to be