Macquarie Group Limited (ASX:MQG) has dismissed media reports regarding the investment bank’s tax issues and potential share price impacts.
Fairfax Media reports from Tuesday suggested a tax bill from the ATO “may be market sensitive and could move its share price”.
The bank says the documents in question were filed over 12 months ago and the matter has been substantially resolved.
Macquarie considers that it holds appropriate provisions and continues to be in compliance with the ASX listing rules.
Macquarie Group reported a net profit of $1.28 billion in the full year to the end of March 2014.