The Swedish Tax Agency rejects Tele2’s deduction of an exchange loss
Stockholm – Tele2 AB (“Tele2”) (Nasdaq Stockholm: TEL2 A and TEL2 B) has today been notified that the Swedish Tax Agency rejects a claim for a deduction of a previous exchange loss on a loan to a group company in Kazakhstan. Tele2 will appeal the decision.
Tele2 has today been notified that the Swedish Tax Agency rejects Tele2’s claim for a deduction of an exchange loss related to a conversion of a shareholder loan to the group company MTS in Kazakhstan from USD to Kazakh Tenge in connection to the establishment of Tele2’s current joint venture in Kazakhstan. The additional tax claim amounts to SEK 396 million and a tax surcharge of SEK 162 million. Tele2 will appeal the decision.
For more information, please contact:
Joel Ibson, Head of Corporate Communications, Phone: +46 766 26 44 00
Erik Strandin Pers, Head of Investor Relations, Phone: +46 733 41 41 88
This information is information that Tele2 AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact persons set out above, at 18:17 CEST on April 01, 2019.
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