Market Impact: Negative. The optics of the tax department moving to suspend bank accounts in an attempt to collect US$75 mm is negative. This will likely remain an overhang on the stock until the conclusion of the third-party international audit that is being utilized to resolve an outstanding audit regarding eligible operating and capital expenses for cost recovery.
20 Nov 2015
ALBANIAN TAX ASSESSMENT UPDATE
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
ALBANIAN TAX ASSESSMENT UPDATE
Big Banc Split Corp. Class A (BNK:TSE) | 0 0 0.0%
- Published:
20 Nov 2015 -
Author:
Darren B. Engels -
Pages:
2
Market Impact: Negative. The optics of the tax department moving to suspend bank accounts in an attempt to collect US$75 mm is negative. This will likely remain an overhang on the stock until the conclusion of the third-party international audit that is being utilized to resolve an outstanding audit regarding eligible operating and capital expenses for cost recovery.