SIPA determined additional tax liabilities in the amount of 13,667,903.90 KM

The State Investigation and Protection Agency (SIPA), in accordance with the provisions of the Law on Prevention of Money Laundering and Financing of Terrorist Activities, continuously undertakes activities to collect intelligence and information that may be relevant for taking actions within the jurisdiction of SIPA, as well as within the scope of work of other competent institutions.

In this regard, by undertaking measures and actions in accordance with the competencies prescribed by Article 62, Paragraph (5) of the Law on Prevention of Money Laundering and Financing of Terrorist Activities, SIPA submitted a total of 523 notifications on collected data and information, which were assessed as potentially relevant for decision-making within their jurisdiction, to the competent authorities during 2021.

Acting on the data and information from the submitted notifications, the competent authorities undertook measures and actions within their jurisdiction during 2021, during which an amount of 13,667,903.90 KM in additional tax liabilities was determined in favor of the budget of Bosnia and Herzegovina, and grounds for suspicion of committing a larger number of criminal offenses prescribed by criminal laws in Bosnia and Herzegovina were found, in relation to which 14 reports on committed criminal offenses and perpetrators and 14 pieces of information were submitted to the competent prosecutor's offices, and a larger number of violations prescribed by tax legislation in Bosnia and Herzegovina were determined, in relation to which 37 violation orders were issued, it was announced from SIPA.