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Tele2 to appeal as tax office rejects claim to deduct exchange rate loss in Kazakhstan

Tuesday 2 April 2019 | 12:01 CET | News
Tele2 said that it will appeal against the Swedish Tax Agency's decision to reject a claim to deduct a previous exchange rate loss on a loan in Kazakhstan. The loss related to the conversion of a shareholder loan to MTS in Kazakhstan from US dollars 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.

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Categories: Mobile & Wireless
Companies: MTS / Tele2 / Tele2 Kazakhstan
Countries: Kazakhstan / Sweden
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