The Cracow-based clothing manufacturer Vistula will not spend ZL16m ($3.6m) on the buy-back of its shares from subsidiaries, the company's general shareholders meeting decided last week, citing fiscal doubts. According to earlier plans, Vistula was to buy back 1.1m shares, constituting 20 per cent of equity, from its subsidiaries such as Vistula Market, Lantier Polska or Staszow, but the plan was dropped as it was unclear whether the company would have to pay some ZL3m ($673,492) in tax on the transaction, said chairman Janusz Plocica.