Current Report No. 20/2024
The Management Board of Boryszew S.A. (‘Company’, ‘Issuer’), in reference to the current report no. 12/2022 of 9th November 2022 and information included in the periodical reports of the Issuer concerning the decision of the Head of the Customs and Tax Office in Kraków determining the overdue tax liability of the subsidiary of the Issuer, i.e. ZM SILESIA S.A. (‘ZM SILESIA’) in VAT for the period January-June 2015 in the amount of PLN 34.9 million plus interest on tax arrears, announces that today, i.e. 26 June 2024 acquired information about the issuance on the same day of a judgement by the Voivodship Administrative Court in Kraków (I SA/Kr 216/24), in which it revoked in its entirety the appealed decision of the Head of the Customs and Tax Office in Kraków of 27 December 2023 concerning the tax on goods and services for the period from January 2015 to June 2015.
The court upheld the plea that the tax liability was time-barred.
The judgment in question is not final and unappealable. The parties hold the right to file a appeal against the sentence with the Supreme Administrative Court. However, until the judgment becomes final and unappealable, the repealed tax decision will not be enforceable and, consequently, will not be enforced.
Legal basis: Article 17 section 1 of the MAR – confidential information.
Signatures:
Wojciech Kowalczyk – President of the Management Board
Translation from the original Polish version.
In the event of differences resulting from the translation, reference should be made to the official Polish version.