Boozt AB

11/04/2024 | Press release | Distributed by Public on 11/04/2024 03:22

Norwegian High Court rejects appeal

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Published: 2024-11-04 10:19:00 CET

Boozt AB
Inside information

Norwegian High Court rejects appeal

Boozt Fashion AB has today received notification that the Norwegian High Court has rejected the appeal submitted by the Norwegian Tax Administration (Skatteetaten). The appeal relates to the verdict issued by the Court of Appeals (Borgarting lagmannsrett) on June 25, 2024, in the case involving Boozt Fashion AB and the Tax Administration. The verdict issued by the Court of Appeals is therefore now legally binding and cannot be appealed.

The case centers around the validity of the Norwegian Tax Administration's decision on September 30, 2022, to reject Boozt's application for simplified registration for value-added tax in the Norwegian so called VOEC registry.

Boozt will now reapply for simplified registration for value-added tax. This will, when approved, relieve the company of the obligation to pay Norwegian import duties on products sold to Norwegian customers.

For additional information, please contact:

Magnus Thorstholm Jensen /Investor Relations / Phone: +45 30 50 44 02 / Email: [email protected]
Ask Kirkeskov Riis / Media Relations / Phone: +45 53 62 54 60 / Email: [email protected]

This information is information that Boozt is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2024-11-04 10:19 CET.

Attachments:
Norwegian High Court rejects appeal.pdf

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