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Net Entertainment shares dip on possible €10m tax bill

5th November 2012 8:44 am GMT

Swedish online casino games developer Net Entertainment is facing a possible €10m tax bill from Swedish authorities over its historic activities dating back to 2007.

It follows a tax audit of Net Entertainment NE AB for fiscal years 2007 to 2010 which resulted in an audit memorandum from the Swedish Tax Agency questioning certain agreements between companies within the Net Entertainment group.

In an announcement Monday, Net Entertainment said the tax authority does not give certain agreements [...]

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