Klövern is appealing the loss carryforward-case to the Supreme Administrative Court
(Thomson Reuters ONE) -
Klövern is appealing the case concerning further loss carryforwards totalling
approximately SEK 5 billion to the Supreme Administrative Court.
In August 2010, the Administrative Court of Appeal notified a judgment that
entails that Klövern will not be granted almost SEK 5 billion of new loss
carryforwards deriving from the time when the company was engaged in IT
operations.
"We have fought this case since 2003. There is every reason to appeal to the
Supreme Administrative Court when we are convinced that we are right and large
amounts are at stake. If there is a witnessed agreement in writing on purchase
and sale of shares, which is binding on the parties, this must also apply for
taxation", says Klövern's CEO Gustaf Hermelin.
"We think that it is possible that the Supreme Administrative Court will grant
leave to appeal as the issue of what is a divestment of shares for tax purposes
involves important issues of principle. It is no longer a matter of what piece
or pieces of evidence exist in support of or against there being a binding
agreement. This has already been entirely resolved at the Administrative Court
of Appeal. The matter to be considered now is whether the evidence supporting a
divestment achieves the evidentiary requirement of being probable", say the
company's attorneys Thomas Andersson, Deloitte and Börje Leidhammar, Wistrand
advokatbyrå.
Nyköping, 29 November 2010
Klövern AB (publ)
For further information, please contact:
Gustaf Hermelin, CEO, +46 155-44 33 10/+46 70-560 00 00,
gustaf.hermelin(at)klovern.se
Britt-Marie Einar, Finance and IR Manager, vice CEO,
+46 155-44 33 12/+46 70-224 29 35,
britt-marie.einar(at)klovern.se
This information is such that Klövern AB (publ) may be obliged to publish under
the Securities Market Act and/or the Financial Instruments Trading Act. The
information was made available for publication at 1 pm on 29 November 2010.
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 30 September 2010, the value
of the properties totalled approximately SEK 12.2 billion and the rental income
on an annual basis was around SEK 1.4 billion. The Klövern share is listed on
Nasdaq OMX Nordic Exchange in Stockholm for medium-sized companies.
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.
[HUG#1466544]
Klövern is appealing the loss carryforward-case to the Supreme Administrative Court:
http://hugin.info/134084/R/1466544/404321.pdf
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Source: Klövern AB (publ) via Thomson Reuters ONE
Unternehmensinformation / Kurzprofil:
Datum: 29.11.2010 - 13:00 Uhr
Sprache: Deutsch
News-ID 49193
Anzahl Zeichen: 3686
contact information:
Town:
Nyköping
Kategorie:
Business News
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