In 2020, Ellos made a deduction of SEK 158.6 million in its income tax return. The deduction concerned costs for a purchasing platform operated within the Belgian FNG Group, the e-commerce retailer's former owner.
The Swedish Tax Agency initially rejected the deduction. However, in spring 2024, things looked brighter for Ellos when the Administrative Court of Jönköping chose to overturn the agency's decision.
Plans to Appeal
The Swedish Tax Agency then decided to take the case to the next instance, the Administrative Court of Appeal. Now the verdict has been reached, and the court chooses to follow the agency's line, thereby overturning the previous verdict.
This means that Ellos is forced to pay SEK 20.5 million in tax and a tax surcharge of SEK 14.5 million.
The total bill for the e-commerce retailer amounts to SEK 35 million. The company announced in a press release that it is not satisfied with the decision and intends to appeal the Administrative Court of Appeal's ruling.