Brief: Eurocash To Establish Tax Capital Group

Eurocash SA

16/11/2022 07:25

Nov 16 (Reuters) - Eurocash SA  EUR.WA :
    * SAID ON TUESDAY THAT IT INTENDS TO ESTABLISH EUROCASH TAX
CAPITAL GROUP (PGK EUROCASH)
    * COMPANY AND ITS SELECTED UNITS HAVE ENTERED INTO AN
AGREEMENT TO
ESTABLISH PGK EUROCASH AND SUBMITTED AN APPLICATION TO THE
RELEVANT TAX OFFICE FOR REGISTRATION OF PGK EUROCASH
    * AGREEMENT ON ESTABLISHMENT OF PGK EUROCASH HAS BEEN
EXECUTED FOR
DEFINITE PERIOD FROM JANUARY 1, 2023 TO DECEMBER 31, 2025, WITH
A POSSIBILITY FOR ITS FURTHER EXTENSION
    * THE COMPANY ASSUMES THAT THE ESTABLISHMENT OF PGK EUROCASH
WILL
RESULT IN FACILITATION OF TAX OBLIGATIONS AND REDUCTION OF TAX
LIABILITIES OF EUROCASH GROUP

        
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