Allocation of Acquisition Cost for Shares in Connection With SCA AB's Distribution of the Shares in Essity Aktiebolag
STOCKHOLM, June 10, 2017 /PRNewswire/ --
The Swedish Tax Agency has decided that of the acquisition cost for shares of series A in SCA AB, 21 percent should be attributed to these shares and 79 percent to the received shares of series A in Essity Aktiebolag.
Of the acquisition cost for shares of series B in SCA AB, 20 percent should be attributed to these shares and 80 percent to the received shares of series B in Essity Aktiebolag.
See the attached General Guideline from the Swedish Tax Agency, SKV A 2017:12
This information is valid for Swedish taxation purposes.
For further information, please contact:
Björn Lyngfelt
Senior Vice President Communications
+46-60-19-34-98
Nils Lindholm
Investor Relations Director
+46-70-585-41-05
The core of SCA's business is the forest, 2.6 million hectares in northern Sweden. Around this uniqueresource, we have built a well-developed value chain based on renewable raw material from our own and others' forests. We offer paper for packaging and print, pulp, wood products, renewable energy, services for forest owners and efficient transport solutions.
2016 the forest products company SCA had approximately 4,000 employees and sales amounted to approximately SEK 15,4 bn (EUR 1,6 bn). SCA was founded in 1929 and has its headquarters in Sundsvall, Sweden. More information at www.sca.com.
This information was brought to you by Cision http://news.cision.com
http://news.cision.com/sca/r/allocation-of-acquisition-cost-for-shares-in-connection-with-sca-ab-s-distribution-of-the-shares-in-,c2305049
The following files are available for download:
The Swedish Tax Agency’s General Guidelines (PDF) |
SOURCE SCA
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