Sisal Group - Positive ruling on deductibility for corporate tax purposes of charges related to the Slot Case
Milan, May 29, 2014
In March 2014 Sisal SpA , Sisal Entertainment SpA and other Slot Concessionaires, filed a tax ruling to the Central Office of the Revenues Agency, asking for a confirmation of the deductibility for IRES and IRAP corporate tax purposes of the charges incurred in 2013 fiscal year, related to the settlement with the Court of Auditors of the Slot case, totaling Euros 73.5 million.
On May 28th 2014, the relevant Central Office Tax Department confirmed the full deductibility of the above mentioned charges.
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