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ISTRABENZ dd receives decision from DURS (Tax Administration of the Republic of Slovenia)


Tuesday, 17 Dec 2013 09:10am EST 

ISTRABENZ dd:Says on Dec. 12, it received from its tax agent a decision of DURS (Tax Administration of the Republic of Slovenia) - Special Tax Office, decision from Nov. 25, stating a tax liability of the company as a result of underpayment of corporate income tax for 2007.Says the amount of tax for 2007 is equal to 860,463.86 euros plus accumulated interest.Says the decision is based on the tax inspection performed by DURS – Special Tax Office with regard to the period from Jan. 1, 2007 until Dec. 31, 2008.Says the company has at its disposal sufficient financial assets that are required to settle the above-mentioned liability resulting out of tax underpayment.Says it will appeal against the decision of DURS – Special Tax Office and continue to implement all business activities as agreed with its lenders (i.e. banks) in Annex no. 1 to the Side Agreement executed on Feb. 28, 2013. 

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