Kungsleden updates tax ruling and adjusts estimate
The Stockholm Administrative Court of Appeal has reported a ruling on a case to which Kungsleden is party. The Court found that Kungsleden is not to be permitted deductions for the impairment of lagerandelar (defined in Swedish law as a construction company’s shareholding in a property management company) in the application of transitional provisions for the fiscal year 2009. The Administrative Court of Appeal has, without providing an explanation of its own, upheld the Administrative Court’s ruling against the company, which was announced in a press release on 3 February 2012.Earnings