Valuno Group AB (publ) has received a new decision from the Swedish Tax Agency (Skatteverket) regarding the Company's request for a tax deferral without security in relation to the previously communicated VAT assessment for the financial year 2021/2022. The VAT assessment imposes value-added tax of approximately SEK 21.8 million on the Company. The Company has appealed the decision.
The VAT assessment was first communicated on 21 October 2025. Since then, the Company has kept the market informed regarding developments in the matter, including that the Administrative Court previously referred the deferral issue back to the Swedish Tax Agency for further consideration and that, on 8 May 2026, the Company withdrew its then-current appeal of the VAT assessment and engaged KPMG to submit a new appeal.
The Swedish Tax Agency has now decided not to grant a tax deferral unless the Company provides security. While the Agency considers that the statutory requirements for a deferral are in principle met, it has concluded that, in this case, a deferral may only be granted if security is provided for the payment. Valuno has stated that the Company is unable to provide such security.
The decision relates solely to the question of a tax deferral without security and does not concern the substantive assessment of the VAT matter itself. Valuno maintains its position in the underlying tax dispute. The Company has until 30 June 2026 to supplement its appeal of the VAT assessment on the merits before the Swedish Tax Agency. Valuno will shortly appeal the deferral decision separately to the Administrative Court. Accordingly, the Administrative Court will once again consider the question of a tax deferral without security.
Valuno already has a granted tax deferral regarding the tax surcharge of approximately SEK 4.3 million. This deferral remains in effect pursuant to the Swedish Tax Agency's decision.
"The decision concerns the deferral issue and was expected, but it does not alter the Company's position in the underlying VAT matter. We will appeal the deferral decision to the Administrative Court, and it is our hope that the Court will grant a tax deferral without requiring security. We are also working together with KPMG to supplement the appeal on the merits," says Peter Liljeroos, CEO of Valuno Group AB (publ).
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For further information, please contact:
Peter Liljeroos, CEO, Valuno Group AB (publ)
+46 72-161 05 11
investor@valuno.com
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About Valuno Group AB
Valuno is a Swedish fintech company with a vision of a borderless economy where cryptocurrencies and digital payments are seamlessly integrated into everyday life. The company offers solutions for crypto payments, digital wallets, and related financial services. Valuno has been listed on NGM Nordic SME since July 2019. For more information, visit www.investor.valuno.com.