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Banca Mediolanum SpA (BMED.MI)

BMED.MI on Milan Stock Exchange

5.41EUR
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Tue, Apr 24 2018

Mediolanum's Irish arm asked to pay more taxes in residency spat

MILAN Italy's tax police has asked Banca Mediolanum to pay taxes totalling 544 million euros (390 million pounds) in a dispute over the residency of its Irish arm, the Italian asset manager said on Tuesday, sending its shares to a one-year low.

Mediolanum's Irish arm asked to pay more taxes in residency spat

MILAN, April 24 Italy's tax police has asked Banca Mediolanum to pay taxes totalling 544 million euros ($664 million) in a dispute over the residency of its Irish arm, the Italian asset manager said on Tuesday, sending its shares to a one-year low.

BRIEF-Banca Mediolanum: Milan Tax Police Notifies Irish Arm Over Residency Issues

* TAX POLICE OF MILAN DELIVERED TAX AUDIT REPORT TO IRISH CO MEDIOLANUM INTERNATIONAL FUNDS LIMITED

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