Upholding of the appealed decision of the Head of the Małopolska Customs and Tax Office in Cracow dated February 15, 2018

Date: 
16 Jul 2018

The Management Board of Cyfrowy Polsat S.A. (the "Company") hereby informs that on July 16, 2018 it was notified that the Company’s plenipotentiary received a decision of the Head of the Małopolska Customs and Tax Office in Cracow (“Tax Office”) dated July 10, 2018. The Tax Office, after the reconsideration of the case, upheld the previous decision dated February 15, 2018, determining the amount of tax liability from uncollected withholding corporate income tax in the year 2012 in the amount of PLN 24,2 million increased by interest on tax arrears. The Company informed of the decision of the Tax Office issued at the first instance in its current report No.11/2018 of March 5, 2018.

The Company does not agree with the decision of the Tax Office in question and intends to appeal against it to the Voivodship Administrative Court in Cracow.

At present the Company does not intend to create any provisions encumbering its financial results.

Legal basis: Article 17 Section 1 of the Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC.

Category: 
Report Number: 
27/2018
Last updated 07/16/2018