Stomil Olsztyn accused over failure to pay taxes and dealings with Michelin

Tire manufacturer Stomil Olsztyn is being accused by the tax authorities of failing to pay zl.2.7 million of taxes for the year 2000. Also questioned by the Treasury Control Office (UKS) are the company's contract with strategic investor Michelin, and the way the two companies settle their accounts. "We are going to appeal this decision. The way the investigation was conducted and the analysis do not lead to the UKS conclusions. Besides, the Office incorrectly interpreted the law concerning international contracts, including OECD guidelines," commented Stomil Olsztyn spokesperson Ewa Czarnecka. Parkiet suggests that the UKS findings may lend further support to the arguments of minority shareholders of the tire manufacturer, who accuse the company of transferring profits to the French investor and double charging for services. (Parkiet, p. 4) A.K.