18/12/2017 12:25:24

Metso has received a reassessment decision from the Finnish tax authority

Related content
09 Oct - 
Metso to publish its Interim Review for January-Septemb..
04 Oct - 
Metso to deliver beneficiation solutions for potash ind..
02 Oct - 
Metso to deliver comminution and material handling solu..

Metso has received a reassessment decision from the Finnish tax authority

 

Metso Corporation, stock exchange release, December 18, 2017 at 14:25 EEST

 

Metso has received a reassessment decision from the Finnish tax authority for its Finnish subsidiary Metso Minerals Oy. The reassessment decision is a result of a tax audit carried out in the company concerning tax years 2011-2016.

The Finnish tax authority has requested Metso Minerals Oy to pay additional taxes, late payment interest and penalties in total of EUR 21 million. The decision concerns the transactions between Metso Minerals Oy and its foreign subsidiaries.

Metso considers the Finnish tax authority's decision unfounded and will appeal the decision to Board of Adjustment of the Finnish tax authority. However, Metso Minerals Oy will recognize an income tax liability in the full amount of EUR 21 million in the financial statements and result of year 2017.

Metso is a world leading industrial company serving the mining, aggregates, recycling, oil, gas, pulp, paper and process industries. We help our customers improve their operational efficiency, reduce risks and increase profitability by using our unique knowledge, experienced people and innovative solutions to build new, sustainable ways of growing together.

Our products range from mining and aggregates processing equipment and systems to industrial valves and controls. Our customers are supported by a broad scope of services and a global network of over 80 service centers and about 6,000 services professionals. Metso has an uncompromising attitude towards safety.

Metso is listed on the NASDAQ OMX Helsinki, Finland, and had sales of about EUR 2.6 billion in 2016. Metso employs over 11,000 persons in more than 50 countries. Expect results.

www.metso.com

,

www.twitter.com/metsogroup

 

Further information

Eeva Sipilä, CFO, Metso Corporation, tel. +358 20 484 3010

Juha Rouhiainen, VP, Investor Relations, Metso Corporation, tel. +358 20 484 3253          

Distribution:

NASDAQ OMX Helsinki Ltd

Media

www.metso.com


This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Metso Corporation via Globenewswire

Post comment

Related debate

  • 1 week
  • 1 month
  • 1 Year
Ingen indlæg

HSBC Bank Plc : Form 8.5 (EPT/RI) - Lonmin PLC

22/02/2018 10:54:53
FORM 8.5 EPT/RI) PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY Rule 8.5 of the Takeover Code (the "Code") 1.         KEY INFORMATION (a) Name of exempt principal trader: HSBC BANK PLC (b) Name of offeror/offeree i..

Rathbone Brothers Plc : Preliminary announcement of 2017 results

22/02/2018 07:00:19
Funds under management up 14.3% to £39.1 billionThis is a preliminary statement of annual results published in accordance with FCA Listing Rule 9.7A. It covers the year ended 31 December 2017. Mark Nicholls, Chairman of Rathbone Brothers Plc, said: "UK and global investment markets performed well in 2017, with some indices reaching record levels towards the end of the year. This outcome has b..

Elliott Capital Advisors, L.P : Form 8.3 - GKN Plc

Related news
21/02/2018 15:25:10
FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the "Code") 1.         KEY INFORMATION (a) Full name of discloser: Elliott Capital Advisors, L.P. (for itself and related general partners ..

Most read news

  • 24 hours
  • 48 hours
  • 1 week
1
Publicis Groupe: Third Quarter 2018 Revenue
2
Nexus Energy Services, Inc. Corporate Update
3
Spectrum ASA: Purchase of Shares
4
Total Voting Rights
5
Mountain America Credit Union Continues Utah Jazz “Pass It Along” Community Program

Related stock quotes

Metso Corporation 28.60 -2.3% Stock price decreasing

Buy and sell signals

  • Trend
  • Moneymachine

Copyright Berlingske Media 2018  Cookie- and Privacy policy  |  Cookies  |   General terms of trade  |   Terms of use and IP rights
Quote information is delivered by Morningstar.
Data is delayed 15-20 minutes according to the distribution agreements set by the different exchanges.
 
19 October 2018 04:10:36
(UTC+00:00) Dublin, Edinburgh, Lisbon, London
Version: LiveBranchBuild_20181005.3 - EUROWEB7 - 2018-10-19 05:10:36 - 2018-10-19 04:10:36 - 1000 - Website: OKAY