INDICTMENT ISSUED FOR TAX EVASION OF BAM 145,000.00

Prosecutor of the Department III of the Prosecutor’s Office of Bosnia and Herzegovina has issued an Indictment against Irena Šimić, born on 25 July 1965 in Ljubuški, a citizen of Bosnia and Herzegovina.

The accused is charged, as a Director and a responsible person in the Andro Commerce d.o.o. /Limited Liability Company/ company from Ljubuški liable to pay taxes, with presenting ungrounded VAT obligations and submitting ungrounded VAT return forms in the amount of BAM 145,649.00, all that with the intention of evading the payment of Value Added Tax (VAT), whereby she damaged the budget of Bosnia and Herzegovina for the aforementioned amount. 

The accused is charged to have presented false information in her VAT return forms on the realized turnover in for the period from 2009 to 2010, that is, she is charged to have failed to present in her company books part of the executed and realized turnover, wherewith she reduced the basis for calculation of the output VAT.

The inspection showed a deficit of goods for which output VAT was not calculated, and thus the budget of Bosnia and Herzegovina was damaged in the amount of BAM 145,649.00.

The accused is charged with evasion of payment of duties required under the tax legislation of Bosnia and Herzegovina by submitting false information on her acquired taxable income, whereby she committed the continued criminal offense of Tax Evasion, as referred to in Article 210, Paragraph 3, as read with Article 54 of the Criminal Code of Bosnia and Herzegovina.

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