Greek Audit Centre claiming €186.8m owed, relating to Sportingbet plc in respect of years 2010 and 2011. This was prior to the acquisition by GVC in 2013. GVC believes the amount owed is exaggerated and intends to appeal. However, GVC are providing for this in the accounts and have agreed a payment scheme with the Greek tax Authorities whereby funds are paid and held on account on a monthly basis at €7.8m over 24 months.
26 Jan 2018
Greek tax assessment
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Greek tax assessment
Entain PLC (ENT:LON) | 796 0 0.0% | Mkt Cap: 5,083m
- Published:
26 Jan 2018 -
Author:
Michael Campbell -
Pages:
5
Greek Audit Centre claiming €186.8m owed, relating to Sportingbet plc in respect of years 2010 and 2011. This was prior to the acquisition by GVC in 2013. GVC believes the amount owed is exaggerated and intends to appeal. However, GVC are providing for this in the accounts and have agreed a payment scheme with the Greek tax Authorities whereby funds are paid and held on account on a monthly basis at €7.8m over 24 months.