Skip to content
Advertisement

Business

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.

More from Business All