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The County Administrative Court in Gothenburg has passed a decision in a dispute between Stockmann and the Swedish tax authorities

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STOCKMANN plc, Inside Information 14.10.2022 at 15:00 EET

 

A decision has been received by the County Administrative Court in Gothenburg in a dispute between Stockmann and the Swedish tax authorities on the taxation of Stockmann’s subsidiary Stockmann Sverige AB regarding its right to deduct interest expenses during the years 2017–2019 for a loan raised for the acquisition of AB Lindex.

 

According to the decision, the County Administrative Court in Gothenburg approves Stockmann's appeal and confirms that Stockmann Sverige AB is entitled to a deduction of interest expenses, which corresponds to a lower tax cost of approximately EUR 13 million during the years 2017–2019.

 

Further information:
Jukka Naulapää, Chief Legal Officer, tel. +358 9 121 3850

 

www.stockmanngroup.com

 

STOCKMANN plc

 

Jari Latvanen
CEO

 

Distribution:
Nasdaq Helsinki
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