Table 1Export to Excel
31 December 2020
31 December 2019
|Personal Income Tax||59,596||53,974|
A decline in VAT liabilities results mainly from the settlement in the first quarter of 2020 of a VAT liability as at 31 December 2019 in the amount of PLN 160,528 thousand resulting from the transaction of disposal of CO2 emission allowances by the Company to subsidiaries in the Generation segment.
Tax settlements and other areas of activity may be subject to inspection by authorities entitled to impose high penalties and any additional tax liabilities resulting from final decisions of tax inspection authorities must be paid including interest. Consequently, the amounts presented and disclosed in these consolidated financial statements may change in the future.