Soitec agrees to settle French tax dispute for up to €60 million cash

Regulation
โดย GlobeNewswire·Read original
Summary · why it matters

Soitec has agreed on the main terms of a settlement with the French tax authorities to resolve an ongoing dispute. The settlement will result in a forfeiture of approximately €320 million in tax loss carry-forwards and a cash outflow not exceeding €60 million in the third quarter of 2027. The agreement is expected to be signed in the coming weeks and will close the matter.

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Semiconductors▼ · 1 stocks
Soitec SA
SOI
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Settlement requires cash outflow up to €60 million and forfeiture of €320 million in tax loss carry-forwards, negatively impacting financials.

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