INDICTMENT ISSUED AGAINST ŽELJKO KOVAČ (1966) FOR TAX EVASION

The Prosecutor's Office of BiH issued an indictment against a person charging him with the criminal offense of Tax Evasion under Article 210 of the Criminal Code of Bosnia and Herzegovina.

Prosecutor of Department III within the Prosecutor's Office of BiH issued an indictment against Željko Kovač, born on October 18, 1966 in Posušje, a citizen of Bosnia and Herzegovina.

The accused Željko Kovač is charged to have, while acting as a director in the company "Fortis" d.o.o. Posušje, during the period from November 23 to December 30,   2005 in Posušje, contrary to the applicable legal provisions on Value Added Tax and in the aim to avoid paying sales tax,  drafted or procured fictitious documents, invoices, purchase orders and statements i.e. to have given false information about the sale of goods to a legal entity from Posušje in the total value of BAM 183.149.00 although there was no actual turnover with that entity thus failing to fulfill the legal requirements for tax exemption and by doing so avoided calculating payment of taxes on goods and services in the amount of BAM 36.629.80, which is the amount of damages caused to BiH budget.

The accused Željko Kovač is charged with evading payment of duties prescribed by the legislation of Bosnia and Herzegovina by providing false information about the facts that are important for determining the amount of tax, and as the amount of duties evaded exceeds the amount of BAM 10,000.00 he thereby committed the criminal offense of Tax Evasion under Article 210, Paragraph 1 of the CC BiH.

The indictment was forwarded to the Court of BiH for confirmation.