Scania to appeal tax deduction denial


STOCKHOLM, Dec 19 (Reuters) - Scania , Europe's third-biggest truck maker, said on Friday tax authorities had denied its claim for tax deduction due to a loss of 2.9 billion Swedish crowns ($397 million). "The total effect on Scania's income could reach 575 million crowns as a maximum, in the case the full deduction is not be approved," the company said in a statement. Scania said it would appeal the tax board's decision.

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