INDICTMENT ISSUED FOR TAX EVASION IN THE AMOUNT OF 72,000 BAM

A legal person and a natural person, as the accused, are charged with unlawfully reducing the amount of their tax liabilities in 2016, whereby they committed Tax Evasion in the amount of 72,218.00 BAM.

A Prosecutor of the Prosecutor’s Office of Bosnia and Herzegovina has issued an Indictment against the following persons:

-         Mensur Tahirović, aka Braco, born in 1952 in Sarajevo, Director and responsible person in the Limited Liability Company ‘Modatex’ d.o.o.  Sarajevo

-         Legal entity - company ‘Modatex’ d.o.o. Sarajevo.

The accused Mensur Tahirović is charged, as a Director of the company ‘Modatex’ d.o.o. Sarajevo and an authorized person without restrictions, with issuing invoices to himself and to other persons in the business year 2016, reducing the value of the allegedly traded goods by dozens of times, to a value that was significantly lower than the purchase value, all with the intention of reducing and avoiding the payment of Value Added Tax (VAT), prescribed by the tax legislation of Bosnia and Herzegovina.

The aforementioned accused person is charged with unlawfully reducing the tax base in the manner as described above, and in that way he calculated and reported a reduced output VAT in 2016 in the total amount of 72,218.00 BAM, for which amount he damaged the budget of Bosnia and Herzegovina.

The accused legal person ‘Modatex’ d.o.o. Sarajevo, is charged in the capacity of a legal entity with disposing of unlawfully acquired material gain in the amount of 72,218.00 BAM, which was realized in the name, for the account and for the benefit of the legal entity by Mensur Tahirović.

The aforementioned accused persons are charged with filing a tax return of untrue content in order to avoid paying taxes prescribed by the tax legislation of Bosnia and Herzegovina, whereby they committed the criminal offense of Tax Evasion or Fraud, referred to in Article 210 of the Criminal Code of Bosnia and Herzegovina.

The Indictment has been forwarded to the Court of Bosnia and Herzegovina for confirmation.