03:00 Wed 08 May 2019
Telit Communications - Update on Italian VAT Assessment
THE INFORMATION COMMUNICATED IN THIS ANNOUNCEMENT IS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION 596/2014.
Update on Italian VAT Assessment
Telit's Italian subsidiary has agreed to pay approximately
Telit continues to vigorously defend its position with regard to tax penalty deeds separately issued against Telit in
Enquiries:
Yariv Dafna, Finance Director & President |
Tel: +44 203 289 3831
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finnCap (Nomad and joint broker) |
Tel: +44 20 7220 0500 |
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Berenberg (Joint Broker) |
Tel: +44 20 3465 2722 |
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Tel: +44 20 7457 2020 |
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About Telit
Telit (AIM: TCM), is a global leader in Internet of Things (IoT) enablement. The company offers the industry's broadest portfolio of integrated products and services for end-to-end IoT deployments - including cellular communication modules in all technologies, GNSS, Wi-Fi, short-to-long range wireless modules, IoT connectivity plans and IoT platform services. Through the IoT Portal, Telit makes IoT onboarding easy, reduces risk, time to market, complexity and costs for asset tracking, remote monitoring and control, telematics, industrial automation and others, across many industries and vertical markets worldwide.
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