August 9, 2017 / 1:06 AM / 11 days ago

BRIEF-Valeant says subsidiaries in Australia are under audit by tax office

Aug 9 (Reuters) - Valeant-

* Says subsidiaries in australia are under audit by the australian tax office for various years beginning in 2010‍​

* Says the australian tax office issued a notice of assessment for tax years 2011 through 2017 in the aggregate amount of $117 million

* Says company disagrees with the australian tax office's assessment and continues to believe that its tax positions are appropriate Source text: (bit.ly/2hHFMNM) Further company coverage:

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