A Czech subsidiary of Central and Eastern European online retail group Allegro has lost its final appeal against value-added tax assessments imposed over its participation in a fraud‑tainted electronics supply chain.
The Czech Republic’s Supreme Administrative Court dismissed an appeal by Allegro Retail a.s. against a Nov. 20, 2020, tax assessment for May 2015, which imposed 674,492 Czech koruna ($32,694) in additional VAT and 134,898 koruna in penalties.
The assessment was one of 22 issued by Czech tax authorities over the company’s electronics purchases from two Czech suppliers between 2015 and 2017, together amounting to more than 50 ...
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