CPD S A : 31/2020 Income tax refund to a subsidiary
November 27, 2020 at 11:39 am EST
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Management Board of CPD S.A. ('Company') informs that in connection with the decision regarding the subsidiary company CPD S.A. - Challange Eighteen sp. z o.o. ('Subsidiary') issued on 6 November 2020 by the Head of the Customs and Tax Office in Krakow, about which the Company informed on 25 November 2020 in the current report No. 30/2020, and which concerned the discontinuation of the proceedings on the determination of the amount of debt due to unpaid flat-rate tax income from legal persons on interest paid to East Europe Property Financing AB with its registered office in Sweden in May 2012 in the amount of PLN 9,112,648, and on the tax liability of Challange Eighteen Sp. z o.o. as a payer of the flat-rate corporate income tax on the above-mentioned amount of uncollected flat-rate corporate income tax, on 26 November 2020 the subsidiary received from the Second Masovian Tax Office in Warsaw an income tax refund for May 2012 in the amount of PLN 16,300,773. The amount consists of the main amount of PLN 9,112,648, interest in the amount of PLN 6,513,421 paid by the Company in May 2020 and interest due in the amount of PLN 674,704.
Signatures of persons representing the Company:
Elżbieta Wiczkowska, Member of the Board, 27 November 2020
Iwona Makarewicz, Member of the Board, 27 November 2020
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CPD SA published this content on 27 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 November 2020 16:38:07 UTC
CPD SA, formerly Celtic Property Developments SA, is a Poland-based company that is active in the real estate sector. The Company with its subsidiaries concentrates on on development projects in the market segment of offices and apartments. Its activities include the purchase of lands, on which It constructs apartments or offices, the purchase of existing real properties with a potential for creation of additional value by change of their intended usage, improving of their standard or optimization of their area. The Company has offices in Warsaw, London, Milan and Budapest. It also possesses commercial and residential properties in Montenegro and Hungary. It operates through a number of subsidiaries and sub-subsidiaries, which are based in Sweden, Cyprus, the United Kingdom, Hungary, Italy and Poland.
CPD S.A. 