Brightstar Corp. to withdraw from the Swedish Market due to unfair and discriminatory treatment by the Swedish Tax Agency

24 May, 2021 - Brightstar Corp., the global leader in end-to-end solutions for mobile device lifecycle management, announces that it has reluctantly decided to withdraw from the Swedish market after managing a successful presence there for more than 45 years.The Group intends to commence a restructuring of its Swedish subsidiary and wind down its operations in the country over the coming weeks. This follows the decision by the Swedish Tax Agency to retrospectively disallow a legitimate VAT reclaim, a decision that the Group believes is both unwarranted and unfair, and leaves Brightstar