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NetEnt Loses Swedish Tax Case
Thursday November 6,2014 : NET ENTERTAINMENT LOSES ANOTHER ROUND IN TAX DISPUTE
Sweden’s Administrative Court affirms the tax reassessment - NetEnt appeals to the Administrative Court of Appeal.
The Swedish online gambling software provider Net Entertainment NE AB has received the decision from the Administrative Court regarding its dispute with the Swedish Tax Agency
The Administrative Court has ruled in favour of the Tax Agency’s decision to impose additional tax for revenues in the business carried out in subsidiaries in Malta. The matter concerns additional tax of approximately SEK 92.1 million for fiscal years 2007-2010.
A statement from the company Thursday asserts:
“NetEnt insists that the company has followed applicable laws for taxation of its operations and will appeal the decision to the Administrative Court of Appeal.
“The company believes that it is more likely than not that the Administrative Court of Appeal will rule in NetEnt’s favour. This assessment is supported by the company’s expert advisers.
“Therefore the company does not currently see the need to make any provision in the accounts for possible additional taxes related to this matter.”
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Tim Chung Wins MPNPT Manchester -
The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.
MPNPT Manchester Day 2 -
Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.
Day 1B MPN Poker Tour Manchester -
Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.
Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
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3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
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