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Cision: The Swedish Tax Agency does not appeal the ruling of the Administrative Court of Appeal.


STOCKHOLM, Sweden -- Regulatory News:

Cision AB Cision AB, formerly known as Observer AB, is a Reputation Management and Media Intelligence firm for corporate clients. They consult on communications processes, marketing, public relations and investor relations. Their head office is located in Stockholm, Sweden.  (STO:CSN CSN Crosby, Stills, and Nash (band)
CSN Centrala studiestödsnämnden (Swedish: state education grant and loan program)
CSN Confédération des Syndicats Nationaux (French) 
):

In the tax dispute regarding the sale of Sifo Research & Consulting, The Administrative Court of Appeal overruled on June 11, 2008 the County Administrative Court's ruling on the Swedish Tax Agency's decision to increase Cision AB's taxable income Under the federal tax law, gross income reduced by adjustments and allowable deductions. It is the income against which tax rates are applied to compute an individual or entity's tax liability. The essence of taxable income is the accrual of some gain, profit, or benefit to a taxpayer.  for the year 2000 by approximately SEK SEK

In currencies, this is the abbreviation for the Swedish Krona.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
 440 million. The Swedish Tax Agency has chosen not to apply for a leave to appeal to the Supreme Administrative Court A Supreme Administrative Court is the highest court in a country with jurisdiction over the official decisions of the government. For a specific country, see:
  • Supreme Administrative Court of Belgium
  • Supreme Administrative Court of the Czech Republic
, where the time-limit for such an appeal expired on August 11, 2008.

Cision improves clients' performance through integrated services and software solutions for reputation and campaign management, media monitoring and research of media contacts. Cision AB is quoted on the Nordic Exchange and has approx. 17 000 shareholders. The company has around 2,600 employees and a turnover of SEK 1.9 billion in 2007. Cision operates in the US, UK, Sweden, Canada, Germany, Norway, Finland, Denmark, Portugal, Lithuania, the Netherlands and China and has partners in another 125 countries.

This information was brought to you by Cision http://newsroom.cision.com
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Publication:Business Wire
Date:Aug 12, 2008
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