The company--citing claims by anonymous tax officials in the media--had said it appears that the action was related to taxes on payments made for supplying software from its parent company inFinland for devices producedin India.
Indian tax authorities want to treat payments made for supplying software from its parent company inFinland for devices producedin India as royalties, but Nokia handles the payments differently.
The Kittila mine, located in northern Finland, produced a total of 46, 758 ounces of gold and also saw a record 89% quarterly recovery while Pinos Altos, located in northern Mexico, also reached record production, totaling 57, 016 ounces of gold.