March 12, 2018 / 5:02 PM / 2 months ago

BRIEF-Outstanding Tax Liability Of ZM Silesia Set At 28.9 Mln Zlotys Plus Interest

March 12 (Reuters) - IMPEXMETAL SA AND BORYSZEW SA:

* RECEIVE INFORMATION FROM TAX AUTHORITIES WHICH SET OUTSTANDING TAX LIABILITY OF THEIR UNIT ZM SILESIA

* OUTSTANDING TAX LIABILITY OF ITS UNIT SET AT 28.9 MILLION ZLOTYS PLUS INTEREST OF 15.5 MILLION ZLOTYS

* OUTSTANDING TAX LIABILITY RELATES TO VAT TAX FOR 2012

* TAX AUTHORITIES’ DECISION IS NOT FINAL AND NOT BINDING

* BOTH COS PLAN TO APPEAL AGAINST IT AND PLAN TO RECOGNIZE THE RELATED RISK IN THEIR FINANCIAL STATEMENTS FOR FY 2017 Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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