London-listed gaming supplier Playtech will record an exceptional €28m tax charge in its 2018 financial results after agreeing transfer pricing adjustments with Israeli tax authorities.
The additional tax liability was agreed with Israeli authorities on December 31st following a civil tax audit of certain Playtech group functions in the country between 2008 and 2017.
The transfer pricing adjustments will see Playtech pay additional tax of €28m within the next 30 days, with the charge reflected as an [...]
