Klövern's tax surcharge quashed by the Administrative Court

Klövern's tax surcharge quashed by the Administrative Court

ID: 124601

(Thomson Reuters ONE) -


The Administrative Court in Stockholm has quashed the tax surcharge of SEK 493
million, previously imposed on Klövern for the tax assessment for 2003. The Tax
Agency has until 13 May 2012 to appeal against the Administrative Court's
judgment to the Administrative Court of Appeal.

The issue of incorrect information in a request for a deduction submitted to the
Tax Agency in 2003 has now been settled in a judgment by the Administrative
Court. According to the Administrative Court, Klövern has objectively submitted
incorrect information. However, the court considers that it is manifestly
unreasonable for the tax surcharge to be imposed.

Klövern has since the Tax Agency's decision had a respite with payment of the
tax surcharge, which has therefore not been charged to Klövern's statement of
income or balance sheet. The judgment of the Administrative Court means that the
Tax Agency's decision is nullified.

Klövern's attorneys during the proceedings have been Börje Leidhammar at the law
firm Wistrands advokatbyrå and Thomas Andersson at the public accounting firm
Deloittes revisionsbyrå.

Nyköping, 14 March 2012

Klövern AB (publ)

For further information, please contact:
Rutger Arnhult, CEO, +46 72-301 53 31, rutger.arnhult(at)klovern.se
Britt-Marie Einar, Finance and IR Manager, Deputy CEO,
+46 155-44 33 12/+46 70-224 29 35, britt-marie.einar(at)klovern.se

Klövern is a real estate company committed to working closely with customers to
meet their needs of premises and services in Swedish growth regions. Klövern has
business units in ten cities: Borås, Karlstad, Kista, Linköping, Norrköping,
Nyköping, Täby, Uppsala, Västerås and Örebro. As at 31 December 2011 the value
of the properties totalled approximately SEK 14.9 billion and the rental income
on an annual basis was around SEK 1.6 billion. The Klövern share is listed on




NASDAQ OMX Stockholm Mid Cap.

Klövern AB (publ), Box 1024, SE-611 29 Nyköping, Sweden. Tel +46 155-44 33 00,
Fax +46 155-44 33 22. Corporate registration no. 556482-5833. Registered office:
Nyköping. Website: www.klovern.se, info(at)klovern.se

This information is such that Klövern AB (publ) is obliged to disclose under the
Securities Market Act and/or the Financial Instruments Trading Act. The
information was made available for publication on 14 March 2012.




Klövern's tax surcharge quashed:
http://hugin.info/134084/R/1593838/501616.pdf




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Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
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originality of the information contained therein.

Source: Klövern AB (publ) via Thomson Reuters ONE

[HUG#1593838]


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Bereitgestellt von Benutzer: hugin
Datum: 14.03.2012 - 08:47 Uhr
Sprache: Deutsch
News-ID 124601
Anzahl Zeichen: 3259

contact information:
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