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12 Jan
15:23

Ovako challenges Finnish tax authorities over bill

Swedish special steelmaker Ovako says that it will contest a decision by the Finnish tax authority over tax deductibility for interest expenses. In a note to investors, copied to Kallanish, the company says that the tax authority in Finland has sought to limit the deductibility of interest expenses for the years 2010-2013. In light of existing practices for interest deduction in Finland during this period, and after consulting with external tax lawyers, Ova…
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