March 25, 2020 / 8:34 AM / 14 days ago

BRIEF-Krakchemia Says Tax Administration Chamber Upholds 2 Tax Liability-Related Decisions

March 25 (Reuters) - Krakchemia SA:

* SAID ON TUESDAY THAT THE DECISION MADE BY TAX OFFICE ON JUNE 28, 2019 REGARDING DETERMINATION OF TAX LIABILITY IN VALUE-ADDED TAX FOR THE PERIOD FROM MARCH 2013 TO NOVEMBER 2013, HAS BEEN UPHELD BY TAX ADMINISTRATION CHAMBER IN KRAKOW

* AS A RESULT OF THAT DECISION, COMPANY HAD TO PAY A SURCHARGE OF 16.3 MILLION ZLOTYS TOGETHER WITH AN INTEREST

* SAID THE DECISION MADE BY TAX OFFICE ON JULY 3, 2019 REGARDING DETERMINATION OF TAX LIABILITY IN VALUE-ADDED TAX FOR THE PERIOD FROM JANUARY 2014 TO NOVEMBER 2014, HAS BEEN UPHELD BY TAX ADMINISTRATION CHAMBER IN KRAKOW

* AS A RESULT OF THAT DECISION, COMPANY HAD TO PAY A SURCHARGE OF 15.8 MILLION ZLOTYS TOGETHER WITH AN INTEREST

* COMPANY DOES NOT AGREE WITH BOTH UPHELD DECISIONS AND PLANS TO IMMEDIATELY TAKE FURTHER LEGAL ACTIONS IN ORDER TO DEFEND ITS STAND BY FILING COMPLAINTS TO THE PROVINCIAL ADMINISTRATIVE COURT

Source text for Eikon:,

Further company coverage: (Gdansk Newsroom)

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