Legal Proceedings Report • Nov 8, 2022
Legal Proceedings Report
Open in ViewerOpens in native device viewer
Intentionto extend the period of the Agora Tax Capital Group for 2023ManagementBoard of Agora S.A. with its registered office in Warsaw (_quot;Company_quot;,_quot;Agora_quot;), with reference to_#160;the regulatory filings no. 35/2017 ofDecember 21, 2017,_#160;6/2018 of February 16, 2018,_#160;40/2020 of November 13,2020, 43/2020 of December 11, 2020, 21/2021 of November 10, 2021 and23/21 of December 9, 2021 informs that on November 8, 2022, an agreementto_#160;extend the period of operation of the Agora Tax Capital Group(_quot;PGK_quot;), was concluded between Agora and the following subsidiaries:Grupa Radiowa Agory sp. z_#160;o.o., Agora TC sp. z_#160;o.o., Plan D sp. z_#160;o.o.,Helios S.A., AMS S.A., Yieldbird sp. z_#160;o.o. and Plan A sp. z_#160;o.o.Theextension of the PGK operation period is connected with submission of anapplication for registration of the extension of the operation period ofthe PGK to_#160;the Head of a_#160;relevant Tax Office.Theagreement to_#160;extend the period of operation of the Tax Capital Group,appoints Agora as a_#160;company representing PGK in the scope of obligationsunder the Corporate Income Tax Act and the provisions of the TaxOrdinance.Theperiod of PGK operation is to_#160;be extended until_#160;December31, 2023. The Company estimates that the extension of the operatingperiod of the Tax Capital Group may result in a_#160;reduction of the group'stax liability by approx. PLN 7 million in 2023.Legalbasis: Art. 17 sec. 1 of the Regulation of the European Parliament andof the Council (EU) No 596/2014 of 16 April 2014 on market abuse (marketabuse regulation) and repealing Directive 2003/6/EC of the EuropeanParliament and of the Council and Commission Directive 2003/124/EC,2003/125/EC and 2004/72/E
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.