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| Name | Symbol | Market | Type |
|---|---|---|---|
| Telefonica SA | NYSE:TEF | NYSE | Depository Receipt |
| Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -0.09 | -1.99% | 4.43 | 4.50 | 4.43 | 4.50 | 730,474 | 23:16:32 |
From May 2019 to May 2024
By Patrick Costello
Telefonica SA (TEF.MC) said Wednesday that it will likely receive a tax refund for overpayments made between 2008 and 2011, after a Spanish court gave a preliminary decision on the matter.
The Spanish telecoms company said claims that it filed against assessments of a 2008 to 2011 corporate income-tax audit have been partially upheld by the country's Central Administrative Economic Court in a preliminary ruling.
The final amount that Telefonica is entitled to receive as a refund--including overpaid taxes and late-payment interest--will be determined once tax authorities issue a final resolution, Telefonica said.
Write to Patrick Costello at patrick.costello@dowjones.com.
(END) Dow Jones Newswires
January 23, 2019 05:36 ET (10:36 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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