Polish soccer board faces fine for VAT evasion and accounting irregularities
The Polish Football Association (PZPN) is to pay zl. 2 million in value
added tax (VAT) arrears. The arrears are to do with revenue obtained from
advertising sold at stadiums where the national team played matches. The
scandal comes after the Tax Control Office (UKS) inspected PZPN books for
the period 1997 to1999. It is expected that the figure could rise after
interest accrued on the VAT and appropriate fines are calculated.
(Rzeczpospolita, June 3-4, page A1). S.M.