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Porsche Automobil Holding SE Porscheplatz 1 70435 Stuttgart, Germany http://www.porsche.com
Company logo of Porsche Automobil Holding SE
Porsche Automobil Holding SE

Tax refund increases net liquidity of Porsche SE

Tax authorities make preliminary decision on issue in dispute

(PresseBox) (Stuttgart, )
Porsche Automobil Holding SE, Stuttgart (“Porsche SE”), received amended tax assessment notices for the assessment period 2009 as a result of a preliminary decision of the tax authorities. These will lead to an estimated tax refund of about 280 million euro including interest. The assessment notices are subject to review by the tax field audit for 2009. As part of the refund will be made based on new trade tax assessment notices, the exact timing of the cash inflows is uncertain and thus the amount of interest. On account of this refund, net liquidity will rise accordingly as of year-end
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.