INDICTMENT ISSUED AGAINST A CITIZEN OF THE PEOPLE’S REPUBLIC OF CHINA FOR TAX EVASION HIGHER THAN BAM 500,000.00

The Prosecutor’s Office of BiH has issued an Indictment against Sun Dingquan, charged with the criminal offense of Tax Evasion or Fraud, as referred to in Article 210 of the Criminal Code of BiH.

A Prosecutor of the Department III of the Prosecutor’s Office of BiH has issued an Indictment against Sun Dingquan, born on 14 November 1969 in Ying Kon in the People’s Republic of China, where he also resides, citizen of the People’s Republic of China, with a prior suspended conviction, held in custody since 07 March 2014.  

The accused Sun Dingquan is charged, as a Director and a responsible person in the ‘Lan Yue’ company d.o.o. /Limited Liability Company/ Sarajevo liable to pay taxes, with submitting tax return forms with false information from 01 January 2006 to 31 August 2009, by failing to register a part of the realized sale of goods which he had sold for cash in the business books of his ‘Lan Yue’ company d.o.o. /Limited Liability Company/ and failing to issue invoices for the goods sold, all that with the aim of evading the payment of sales taxes on goods, whereby he reduced the basis for calculation of the output VAT. In this manner, he failed to fulfill the conditions required to be exempted from payment of taxes under the current tax legislation of Bosnia and Herzegovina.  

According to the allegations in the Indictment, Sun Dingquan submitted to the Indirect Taxation Authority of Bosnia and Herzegovina tax return forms of false content, whereby he reduced his tax liability and evaded payment of taxes on sales and services in the amount of BAM 556,117.00, and thus the BiH budget was damaged in the same amount.

The accused Sun Dingquan is charged with evading the payment of duties required under the tax legislation of Bosnia and Herzegovina, by submitting false information on his acquired taxable income and the amount evaded exceeds BAM 200,000.00, whereby he committed the criminal offense of Tax Evasion or Fraud, as referred to in Article 210, Paragraph 3 of the Criminal Code of Bosnia and Herzegovina, as read with Paragraph 1 of the Criminal Code of Bosnia and Herzegovina.  

The Indictment has been forwarded to the Court of BiH for confirmation.