Receipt of a permit for investments subject to tax relief
The Management Board of Selvita S.A. with its registered office in Krakow (“Issuer”) hereby informs about the receipt by the subsidiary Selvita d.o.o. (formerly Fidelta d.o.o.) on April 12, 2022 the decision of the Minister of Economy and Sustainable development No. 517-03-02-01-01-22-8 of April 7, 2022 on the issuance of a permit for investments subject to tax relief.
Obtaining this permit will enable the company to take advantage of the income tax relief in the amount of 25% of the investment expenditure incurred in the period from March 26, 2021, to March 26, 2024. Additionally, the Issuer informs that the due tax relief for capital expenditure incurred in 2021 has already been recognized in the consolidated financial statements of Selvita Capital Group for 2021, and reduced income tax by PLN 3,316.8 thousand.
Legal basis: Art. 17.1 MAR
Representatives of the Company:
- Bogusław Sieczkowski – President of the Management Board
- Dariusz Kurdas – Management Board Member