Stockholm. Husqvarna’s application for interest deductions in excess of one billion is rejected also by the administrative court in Jonkoping, according to Dagens Industri.
The rash will then garden equipment company appealed the Tax decisions concerning deductions in 2011 and 2012 for interest payments from subsidiary Husqvarna International Holding AB to Dutch Husqvarna Nederland BV.
But the administrative court does not share Husqvarna believes that the Swedish limitation rules in the way of free movement within the EU.
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