Novalić indictment confirmed, suspected of tax evasion worth 8 million KM

SARAJevo, (Patria) - The Municipal Court in Tuzla confirmed the indictment of the Cantonal Prosecutor's Office of Tuzla Canton against Munever Novalić (64) and Mirsad Novalić (60) from Gradačac due to the existence of a founded suspicion that, during the period from 2013 to the end of 2018, while holding the position of director, with the first being a co-owner and the second the majority owner of the Fashion Industry "Kula" Gradačac, they committed the prolonged criminal offense of tax evasion, thereby evading the payment of contributions and income tax in the amount of approximately 8 million KM for the said company, it was announced from the Prosecutor's Office of Tuzla Canton.

Munever Novalić is charged by the indictment with committing the aforementioned criminal offense for the period from 2013 to the end of 2014, while Mirsad Novalić is charged with this criminal offense for the period from the end of 2014 to the end of 2018.

They are accused of, being aware that they are evading the payment of contributions and income tax in FBiH, providing false information about facts that influence the determination of the amount of such obligations.

Knowing that there is an exception for employees in the textile industry, which is reflected in the benefit of contributions and taxes being calculated and paid on a reduced basis if the legal conditions are met, i.e., if employees are paid the minimum wage, they, with the intention of avoiding the payment of prescribed contributions and taxes, instructed responsible persons in the company to reduce the net salary by the amount that would be paid through non-taxable allowances. Therefore, in order to keep the net salary within the range that allows the calculation and payment of contributions and income tax on a reduced basis, they instructed responsible persons in the company to act accordingly, and the net salaries of employees were shown in amounts lower than earned, and contributions and income tax were paid in significantly lower amounts than prescribed.

In the mentioned period, Munever Novalić is accused of evading contributions and taxes in the amount of approximately 2.6 million KM for the company "Kula" Gradačac through such actions, and Mirsad Novalić in the amount of approximately 5.6 million KM, it was announced from the Prosecutor's Office of Tuzla Canton.