Court grants the request for annulment of a tax decision, filled by Societatea Naţională de Gaze Naturale Romgaz S.A.

Societatea Națională de Gaze Naturale Romgaz S.A. received a favorable decision in court, in the case file initiated against a tax decision establishing additional corporate income tax and VAT, amounting over RON 15 mil., imposed by the tax authority, due to the allegedly misapplied discounts to clients that do not qualify as interruptible customers.

Despite those arguments the Court of Appeal in Alba Iulia granted the request for annulment of the tax decisions. The dispute resolution team of Mocanu si Asociatii obtained a positive solution for Societatea Națională de Gaze Naturale Romgaz S.A., by convincing the Court to set aside the tax decision issued by the tax authorities, on the following grounds: by granting discounts in favour of its clients, the company acted in accordance with the provision of the agreements concluded with those clients, as well as in accordance with the provisions of the Action Plan for emergencies, approved on 2nd December 2009, for gas year 2009-2010 (section B), approved by the Governmental Decision no. 1523/2009, published in the Official Gazette, on 22nd December 2009.