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EQS-Ad-hoc: bet-at-home.com AG / Key word(s): Legal Matter
bet-at-home.com AG: Swiss Federal Supreme Court rules in first instance in dispute over VAT liability for sports
betting
11-Jul-2024 / 18:04 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News
- a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
PUBLICATION OF INSIDER INFORMATION PURSUANT TO ARTICLE 17 OF REGULATION (EU) NO. 596/2014
Swiss Federal Supreme Court rules in first instance in dispute over VAT liability for sports betting
bet-at-home.com AG (hereinafter referred to as the "Company") earlier disclosed in the combined management report for
the fiscal year 2023 that the Swiss Federal Tax Administration (hereinafter referred to as the "FTA") assumed that the
sports betting services offered in Switzerland by the Company's subsidiary, bet-at-home.com Internet Ltd, Malta, is
subject to VAT. The FTA requested that bet-at-home.com Internet Ltd. be registered in the register of persons liable
for VAT and assessed tax claims for the payment of VAT for the tax periods from 2013 to 2017. Reference is made to the
respective statements in the combined management report for the fiscal year 2023.
bet-at-home.com Internet Ltd. and the Company are of the opposite opinion. bet-at-home.com Internet Ltd. initially
filed an objection with the FTA against the FTA's decisions and, following its rejection by the FTA, filed an appeal
with the Swiss Federal Supreme Court.
The Swiss Federal Supreme Court approved the appeal in a judgment announced to bet-at-home.com Internet Ltd. on 10 July
2024 (whose initial assessment was made today) to the extent that it assumes that the absolute limitation period for
the right to determine the tax claim expired with regard to the tax period of 2013. Apart from that, the appeal was
dismissed.
The judgement is not final. To the extent that the appeal was dismissed, bet-at-home.com Internet Ltd. and the Company
are assessing to file an appeal and its potential prospects of success, including the question which impact the
judgement might have on the Company's recent forecast for the 2024 financial year (in particular due to a change in
risk assessment). The potential risk to bet-at-home.com Internet Ltd. from a possible obligation to pay VAT in
Switzerland amounts to EUR 1.3 million for the period from 2014 to 2017 and EUR 2.7 million for the period from 2018 to
30.06.2024 (plus interest payments in each case). At present, an immediate outflow of funds is not to be expected, as
any tax claims of the FTA are suspended until a final court decision is made.
End of Inside Information
11-Jul-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press
Releases.

Archive at www.eqs-news.com  
Language:     English 
Company:      bet-at-home.com AG 

Tersteegenstrasse 30
40474 Düsseldorf
Germany

Phone:        +49 211 545 598 77 
Fax:          +49 211 545 598 78 
E-mail:       ir@bet-at-home.com 
Internet:     www.bet-at-home.ag 
ISIN:         DE000A0DNAY5 
WKN:          A0DNAY 
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, 

Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1944683

End of Announcement EQS News Service
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1944683 11-Jul-2024 CET/CEST

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END) Dow Jones Newswires

July 11, 2024 12:06 ET (16:06 GMT)