INDICTMENT ISSUED FOR TAX EVASION AMOUNTING TO ABOUT BAM 308,000

The accused, a natural and a legal entity-company from the area of Gračanica, are charged with having evaded taxes in the total amount of about BAM 308,000 in the period from 2014 to 2018, and thus caused damage to the budget of Bosnia and Herzegovina.

A Prosecutor of the Special Department for Organised Crime, Economic Crime and Corruption of the Prosecutor’s Office of Bosnia and Herzegovina has filed an indictment against:

-          A. H., born in 1982 in Gračanica, a citizen of BiH.

-          Legal entity “OXIS OIL” d.o.o. /Ltd/ for production, trade and transport, Gračanica, whose director without restrictions in the period covered by the indictment was A. H.

It is alleged against the Accused A. H. that in the period from 2014 to 2018, operating through the said company in the trade of oil and oil derivatives, he generated taxable income of about BAM 1.4 million, which he did not declare for the calculation of VAT in accordance with the legal provisions of the tax legislation of BiH.

This way, the VAT totaling BAM 239,036.00 was evaded, by which amount the budget of Bosnia and Herzegovina has been damaged.

Furthermore, it is alleged against the accused that in mid-2015, through the said company, he generated a turnover of BAM 409,605.00, for which he did not calculate or pay VAT totaling BAM 69,605.00, by which amount he damaged the BiH budget.

The Accused A. H. is charged that, as a director without limitation of authority in the legal entity “OXIS OIL” d.o.o. /Ltd/ Gračanica, acting on behalf of and for the account and benefit of the said legal entity, by failing to provide required data, i.e. by providing false data on acquired taxable income and other facts of influence on assessing the amount of tax liabilities, avoided paying value added tax (VAT) in excess of BAM 200,000.00 allowing the legal entity OXIS OIL d.o.o. to dispose with the property gain acquired in this unlawful way.

The accused H. A. is charged with having committed the extended criminal offence of Tax Evasion or Fraud under Article 210 (4) of the Criminal Code of BiH as read with paragraph (1) thereof, while the accused - legal entity “OXIS OIL” d.o.o. Gračanica is charged with the criminal offence of Tax Evasion or Fraud under Article 210 (4) of the Criminal Code of BiH as read with paragraph (1) thereof and in conjunction with Article 124 of the said Code.

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