Current report No. 1/2021

Establishment of the Tax Capital Group of CCC

(Current report no. 1/2021)

07.01.2021 /Issuer/

Legal basis:
Article 17 sec. 1 of MAR - confidential information

 

The Management Board of CCC S.A. based in Polkowice (hereinafter: "Issuer") informs that on 7th January 2021 decided to establish the Tax Capital Group of CCC ("PGK CCC"), which is a tax capital group within the meaning of the provisions of the Corporate Income Tax Act of 15th February 1992 (consolidated text: Journal of Laws of 2020, item 1406 as amended).

PGK CCC will be composed of companies:

  1. CCC Spółka Akcyjna (Joint-Stock Co.), which will be the parent company within the Tax Capital Group of CCC;
  2. CCC Shoes & Bags Spółka z o.o. (Ltd.), which will be a subsidiary.

CCC S.A. will be a company representing PGK CCC within the scope of obligations resulting from
the Corporate Income Tax Act and tax ordinance.

The agreement on the establishment of PGK CCC was concluded for a period of 3 (three) tax years, i.e. for tax years starting on 01.03.2021 respectively (first of March two thousand twenty one), 01.02.2022. (first of February two thousand twenty two) and 01.02.2023 (the first of February two thousand and twenty three).

The company assumes that the implementation of the project of creating PGK CCC will result in the facilitation of tax settlements by companies from the CCC Capital Group.

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