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HomeAlpiq GroupMedia RelationsMedia releases

Romania’s Supreme Court confirms decision in favour of Alpiq

03/28/2024, 18:00 | Ad hoc announcement pursuant to Art. 53 LR

Lausanne – In the tax dispute with the Romanian tax authority, the court of second instance also decided in favour of Alpiq Energy SE, Prague. Romania’s Supreme Court upheld the judgment of the competent administrative court of first instance in the tax dispute on VAT and corporate income tax, which has been ongoing since 2017.

Following a tax audit for the period from 2010 to 2014, the Romanian tax authority ANAF (Agenția Națională de Administrare Fiscală) had requested from Alpiq Energy SE contested VAT, corporate income tax, interest and penalties amounting to RON 589 million (approximately CHF 116 million). On 19 October 2021, the competent Romanian administrative court of first instance had followed the arguments of Alpiq Energy SE and had revoked ANAF’s decision as unlawful. ANAF had subsequently appealed this decision to the court of second instance, i.e. Romania’s Supreme Court. The Supreme Court has now confirmed the decision of the first instance in its decision of 27 March 2024. The decision is final.

For further information, please refer to the media release dated 08/14/2017, the media release dated 09/29/2017 and the media release dated 10/19/2021.

More information about Alpiq: www.alpiq.com