The tax authority reconsiders Bure´s tax status for income year 1999

The tax authority reconsiders Bure's tax status for income year 1999 The tax authority has today announced that it does not regard Bure as an investment company for income year 1999. The question at issue is the same as for income year 1998. Earlier this year, Bure received a positive advance ruling from the Office of the Council for Advance Tax Ruling for 2001 on the same issue. The National Tax Board has appealed against the advance ruling to the Supreme Administrative Court. Bure will immediately lodge an appeal against today's ruling relating to income year 1999. Should the Court rule in favour of the tax authority, the additional tax would amount to approximately SEK 120M. Gothenburg, 5 December 2001 Bure Equity AB (publ) For further information, please contact: Benny Averpil, Chief Financial Officer +46 31-335 76 47 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2001/12/05/20011205BIT00740/bit0002.doc http://www.waymaker.net/bitonline/2001/12/05/20011205BIT00740/bit0002.pdf