Metro loses tax battle – and appeals (again)

The battle between Metro International and the Swedish tax office drags on (the first blog entry dates from February 2007).

The main issue is whether Metro is an advertising paper or a newspaper, the second option would mean lower taxes. Metro disputed this (quite rightly I would say) and appealed several times. There is also the issue that if it would be a adverting paper, it could deduct some costs, which was also not allowed by the tax office.

The Swedish Administrative Court of Appeal (”Kammarrätten”) now dismissed Metro’s last appeal. The tax amounts to approximately SEK 90m including interest (€9m).

Metro International will appeal against the judgment to the Supreme Administrative Court (Regeringsrätten) and will also apply for a respite of the payment. (Metro Press release)

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