BRIEF-Baytex Energy says some units have got tax reassessments from CRA

Wed Jun 22, 2016 6:02pm EDT
 
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June 22 (Reuters) - Baytex Energy Corp :

* Baytex provides update on tax reassessment

* Indirect subsidiary entities have received reassessments from Canadian Revenue Agency that deny non-capital loss deductions relevant to calculation of income taxes for years 2011 through 2015

* Baytex says remains confident that tax filings of affected entities are correct and will vigorously defend their tax filing position

* Baytex energy corp says reassessments do not require baytex to pay any amounts in order to participate in appeals process Source text for Eikon: Further company coverage: (Bangalore Newsroom : +1 646 223 8780)