BRIEF-AGF Announces Update On Transfer Pricing Case

Published 2018-03-08, 07:36 a/m
BRIEF-AGF Announces Update On Transfer Pricing Case
AGFb
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March 8 (Reuters) - Agf Management Ltd AGFb.TO :

* AGF ANNOUNCES UPDATE ON TRANSFER PRICING CASE

* AGF MANAGEMENT LTD - RECEIPT OF TAX REASSESSMENTS FROM FOREIGN TAX AUTHORITY RELATED TO ITS TRANSFER PRICING MATTER

* AGF MANAGEMENT - REASSESSMENTS RELATED TO TRANSFER PRICING REDUCES TAXES OF FOREIGN SUBSIDIARY & REDUCE UNCERTAINTIES RELATED TO FINAL RESOLUTION

* AGF MANAGEMENT - FOLLOWING REASSESSMENTS, CO EXPECTS TO RECEIVE CASH REFUNDS OF ABOUT $16 MILLION FROM FOREIGN TAX AUTHORITY

* AGF MANAGEMENT - FOLLOWING REASSESSMENTS, CO EXPECTS TO RELEASE ABOUT $10 MILLION FROM TRANSFER PRICING PROVISION

* AGF MANAGEMENT LTD - TAX REASSESSMENTS RECEIVED ARE FOR YEARS 2005-2016

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