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Playtech agrees €28m payment to Israeli tax authorities

2nd January 2019 9:34 am GMT
Playtech

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 [...]

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