Kungsleden’s comment on Supreme Administrative Court tax rulings
On 29 May, the Swedish Supreme Administrative Court announced three advance rulings that appear to significantly change current case law from the Administrative Court of Appeal, the Council for Advance Tax Rulings and the Supreme Administrative Court. Kungsleden was not party to any of the rulings, but is currently analyzing them with external experts, and their potential consequences for Kungsleden’s tax position.
For more information, please contact:
Thomas Erséus, Chief Executive, tel +46 (0)8 503 05204, mobile +46 (0)70 378 2024
Johan Risberg, Deputy Chief Executive, tel +46 (0)8 503 05206, mobile +46 (0)70 690 6565
Detta pressmeddelande finns tillgängligt på svenska på www.kungsleden.se
Kungsleden’s strategy is to ensure sustainable high and stable returns proceeding from its existing holding, and through acquisitions and divestments. As of 31 March 2009, the property portfolio comprised 596 properties with a book value of SEK 28.6 bn. The holding was located in a total of 132 municipalities, although concentrated on the Swedish provinces of Götaland and Svealand, and the Öresund region. Kungsleden has been quoted on the OMX Nordic Exchange Stockholm since 1999.
Kungsleden discloses the information in this press release according to the Swedish Securities Markets Act and/or the Swedish Financial Trading Act. The information was provided for public release on 2 June 2009 at 9.30 p.m.