Pandora closes transfer pricing tax audit for 2009-14 with the Danish Tax Authorities. The company has also announced that it will close its 2009 and 2010 dividend payments to shareholders in order to pay back taxes on profits from those years.
Pandora closes transfer pricing tax audit for 2009-14 with the Danish Tax Authorities. Pandora did not agree on the applicable pricing methodology, but has agreed to make a settlement od DKK 995mn which recognized a higher proportion of the Group"s profit in Denmark.