Current report number: 14/2022
Data: 7 April 2022
Art. 17 (1) of the Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC (‘MAR’).
Content of the report:
The Management Board of OEX S.A. (the ‘Issuer’ or the ‘Company’) hereby informs whom it may concern that on 6 April 2022 the issuer’s subsidiary, OEX24 Sp. z o.o. with registered office in Warsaw (‘OEX24’) obtained a from the Hear of the IRS Office of Warsaw-Ursynów (’IRS Office’) a post-tax audit report (“Tax Audit Report’) concerning the reliability of VAT settlements (‘VAT Tax’) related to trade transactions made by the company in the period from March to July 2019.
The IRS Office alleges in the Tax Audit Report that OEX24 did, among other things, participate in illegal transaction chains in which, at earlier stages of the turnover, there were illegal entities and, in consequence, the IRS Office questioned the right of OEX24 to deduct the surplus input VAT for the audited period. The total value of the input VAT for that period questioned by the IRS Office in the Tax Audit Report amounts to PLN 1,967,754.
The Management Board of OEX24 does not agree with the alleged charges of the IRS Office and is preparing its statement of charges to the Tax Audit Report, questioning the finding made therein in whole. Considering the fact that, according to the Management Board of OEX24, the company maintained due diligence in the audited transactions by following all the established procedures, including, but not limited to, a verification of direct contractors and performance of the transaction in accordance with market rules, in the opinion of the Management Board of OEX24 there are no legal or actual grounds for questioning the company’s right to deduct VAT in the tax audits.
It should be remembered that OEX24 is currently subject to a number of other tax audits carried out by the IRS Office which concern the reliability of VAT settlements for various periods of 2019 and 2020 (in the total VAT amount to be refunded of PLN 1,408 thousand) and that OEX24 is also subject to two tax proceedings carried out by Podlaski Revenue and Customs Authority in Białymstok, Branch in Suwałki, which concern the reliability of VAT settlements (where the amount of questioned VAT refund amounts to PLN 1,377 thousand). The Issuer provided information about the tax audits and proceedings OEX24 is subject to in interim financial statements published in 2021 (as part of the consolidated financial statements) and in ongoing reports No. 16/2021 and 25/2021.
The Issuer shall provide information about any further significant events related to the subject matter of this report in subsequent ongoing reports or in the interim financial statements.
Signatures of Company’s representatives:
Tomasz Słowiński – Member of the Management Board
Robert Krasowski – Member of the Management Board