3i Infotech US Subsidiary Receives $1.23M Tax Assessment

3i Infotech's US subsidiary received a Sales and Use Tax Audit Notice of Assessment from Pennsylvania Department of Revenue.
The assessment totals USD 1,234,083 including USD 833,833 audited liability, USD 150,099 interest, and USD 250,150 penalty.
The notice covers audit period from June 30, 2022 to June 30, 2025 and was received on May 8, 2026.
US subsidiary is evaluating the matter and considering filing an appeal against the assessment notice.