Draft tax assessment on Norwegian transfer price audit
2023年10月26日 - 4:20AM
Draft tax assessment on Norwegian transfer price audit
Oslo, 25 October 2023: Draft tax assessment on Norwegian
transfer price audit
Yara has previously disclosed that the company in 2019 received
a notification and request for information from the Norwegian Tax
Authorities related to a transfer price audit in which they have
stated that they consider changing the company’s tax assessment for
the years 2015, 2016 and 2017 (see note 5.6 in the 2022 integrated
report).
Yara has now received a draft assessment where the Norwegian Tax
Authorities’ position is to increase the Yara International ASA tax
results by approximately USD 650 million in total for the years
2015 to 2017, which would increase tax cost by an estimated USD 170
million. They have also provided a notice that they may challenge
income years 2018 to 2020.
Yara’s current assessment is that it is more likely than not
that Yara will succeed in countering the arguments from the
Norwegian Tax Authorities. Subsequent to receiving the draft
assessment, Yara will carry out a new assessment of the case. No
provision has been recognized at this stage.
Contact:Maria
GabrielsenInvestor contactMobile: +47 920 90 093E-mail:
maria.gabrielsen@yara.com
This information is considered to be inside information pursuant
to the EU Market Abuse Regulation and is subject to the disclosure
requirements pursuant to Section 5-12 the Norwegian Securities
Trading Act. This stock exchange announcement was published by
Maria Gabrielsen, Head of Investor Relations, at Yara International
ASA, on 25 October 2023 at 21:20 CEST.
About Yara
Yara grows knowledge to responsibly feed the world and protect
the planet. Supporting our vision of a world without hunger and a
planet respected, we pursue a strategy of sustainable value growth,
promoting climate-friendly crop nutrition and zero-emission energy
solutions. Yara’s ambition is focused on growing a nature positive
food future that creates value for our customers, shareholders and
society at large and delivers a more sustainable food value
chain.
To achieve our ambition, we have taken the lead in developing
digital farming tools for precision farming and work closely with
partners throughout the food value chain to improve the efficiency
and sustainability of food production. Through our focus on clean
ammonia production, we aim to enable the hydrogen economy, driving
a green transition of shipping, fertilizer production and other
energy intensive industries.
Founded in 1905 to solve the emerging famine in Europe, Yara has
established a unique position as the industry’s only global crop
nutrition company. We operate an integrated business model with
around 17,000 employees and operations in over 60 countries, with a
proven track record of strong returns. In 2022, Yara reported
revenues of USD 24 billion.
www.yara.com
This information is subject to the disclosure requirements
pursuant to Section 5-12 the Norwegian Securities Trading Act
Yara International ASA (TG:IU2)
過去 株価チャート
から 5 2024 まで 6 2024
Yara International ASA (TG:IU2)
過去 株価チャート
から 6 2023 まで 6 2024