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Kruk SAKruk debt collector may face mandatory top-up tax liability for first time in 2027
Listed debt collector Kruk, due to the act of November 6, 2024, on top-up tax levied on constituent entities of international and domestic groups, may be required to pay compensatory tax for the first time in 2027, the company said in a market filing.
The group estimates that its consolidated revenues could reach at least EUR 750 million in 2025 and 2026. If the effective tax rate in any jurisdiction is below 15 percent, Kruk would be liable for the top-up tax in 2027.
Additionally, if certain statutory conditions are met, Kruk may benefit from the 'Safe Harbour' provision, potentially exempting it from calculating and paying the compensatory tax in Poland for up to five years starting from 2027.
mcb/ nl/ ao/