Tax return challenged

If the tax return is challenged in this respect, Telenor Communication AS will, initially not get recognition for a taxable loss of NOK 8.6 billion with the corresponding effect that its corporate income tax liability for 2001 will increase with NOK 2.4 billion.

Telenor is of the opinion that there is no basis for challenging the tax return. A potential decision by the Assessment Board to challenge the tax return will be appealed.