Indictment for tax evasion raised, budget damaged by 17,400 KM

Prosecutor of the BiH Prosecutor's Office has raised an indictment against Perić Mitar, born on 06/18/1954 in Bijeljina, and the legal entity "MD-PERIĆ COMPANY" Ltd. Bijeljina.

The accused Perić Mitar is charged that, as the director and responsible person in "MD-PERIĆ COMPANY" Ltd. Bijeljina, during 2014 and 2015, with the intention of avoiding payment and contributions prescribed by tax legislation, he submitted VAT returns with false data on achieved turnover and taxable income, and did not report the amount of 104,527.00 KM, for which VAT was not calculated.

The indictment states that after a tax inspection by the Indirect Taxation Authority of BiH, the accused submitted amended returns in which he reported the said amount for taxation, and paid VAT for 2014, but did not pay VAT for 2015, in the amount of 17,436.00 KM, thereby damaging the budget of BiH.

The accused are charged with committing the extended criminal offense of tax evasion or fraud under Article 210 of the Criminal Code of Bosnia and Herzegovina.

The indictment has been forwarded to the BiH Court for confirmation.