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News: VRL Village Roadshow-Australian Taxation Office Issued Assessments Against Vrl Totalling...

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    02/12/20
    17:50
    Post #: 49303709

    Dec 2 (Reuters) - Village Roadshow Ltd (VRL) :

    • VILLAGE ROADSHOW-AUSTRALIAN TAXATION OFFICE ISSUED ASSESSMENTS AGAINST VRL TOTALLING ABOUT $11 MILLION, INCLUSIVE OF INTEREST
    • VILLAGE ROADSHOW - ANTICIPATED THAT ATO WILL ALSO ISSUE PENALTY NOTICES IN RELATION TO UNDERLYING ISSUE
    • VILLAGE ROADSHOW - WILL CONTEST TAX ASSESSMENTS & ANY PENALTY NOTICES
    • VILLAGE ROADSHOW - WILL PURSUE PAYMENT DEFERRAL ON BASIS THAT ATO POSITION IS NOT SUPPORTED BY PRECEDENT
    • VILLAGE ROADSHOW LTD -DOES NOT BELIEVE THAT ANY MATERIAL IMPACT WILL ARISE FROM TAX AUDIT AND ASSESSMENTS

    Source text - http://bitly.ws/aHWw

    (([email protected];))

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