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NetEnt shares dip as Swedish court upholds SEK92.1m tax bill

6th November 2014 9:48 am GMT

Sweden’s Administrative Court has backed a previous decision by the country’s Tax Agency to impose additional taxes on casino games developer Net Entertainment over its historic activities dating back to 2007.

The Tax Agency had determined early last year that the supplier was liable to pay additional taxes of SEK92.1m (€10.0m) following an audit of the Stockholm-listed company’s dealings with its Malta-based subsidiary.

Net Entertainment said at the time that the decision was “unfounded” and that that [...]

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