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A:
Tax administration seizes 40 million dinars in equipment from “phantom firms”
Belgrade,
26 August 2004
The tax administration, in cooperation with tax police and the customs administration, has seized 39.3 million dinars in equipment from the so-called “phantom firms” so far this year.
Serbia has 157 “phantom firms” with non-existent addresses or unknown owners, officials of the tax administration and the customs administration told a press conference today.
The “phantom companies” have imported 473.8 million dinars worth of goods so far this year, compared with 2.7 billion dinars in 2003, the Beta news agency reported, noting that charges have been filed against 22 companies which evaded 454.3 million dinars in tax liabilities.
“Phantom firms” seek to dodge taxes and trade outside legal financial flows, said customs administration director Dragan Jerinic, adding that over 50% of “phantom companies” are registered in Belgrade.
“Phantom firms” mostly import goods from China and Turkey and supply flee markets and tax defaulting traders, said tax administration director Vladimir Ilic. He added that he expects “phantom companies” to import less than 700 million dinars in goods by the end of the year, three times less than in 2003.
The customs administration registered 4,614 customs offences and confiscated 741 million dinars in goods in the period between March 11 and Aug 24. Over the same period, the administration collected 21.4 billion in import duties, 10% up against the same period of 2003, and took disciplinary action against 79 customs officials.
According to the tax administration, 51 companies have been charged with evading paying over three billion dinars in turnover tax.
The “phantom companies” have imported 473.8 million dinars worth of goods so far this year, compared with 2.7 billion dinars in 2003, the Beta news agency reported, noting that charges have been filed against 22 companies which evaded 454.3 million dinars in tax liabilities.
“Phantom firms” seek to dodge taxes and trade outside legal financial flows, said customs administration director Dragan Jerinic, adding that over 50% of “phantom companies” are registered in Belgrade.
“Phantom firms” mostly import goods from China and Turkey and supply flee markets and tax defaulting traders, said tax administration director Vladimir Ilic. He added that he expects “phantom companies” to import less than 700 million dinars in goods by the end of the year, three times less than in 2003.
The customs administration registered 4,614 customs offences and confiscated 741 million dinars in goods in the period between March 11 and Aug 24. Over the same period, the administration collected 21.4 billion in import duties, 10% up against the same period of 2003, and took disciplinary action against 79 customs officials.
According to the tax administration, 51 companies have been charged with evading paying over three billion dinars in turnover tax.
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