Serbian Tax Police find money-laundering companies

NEWS 23.12.201909:56

Serbian Tax Authority CEO Dragana Markovic told Belgrade daily Politika on Monday that the Tax Police discovered 90 phantom and money-laundering companies between January 1 and November 30, 2019.

Markovic said that the Tax Authorities raised the level of public income collections by 37.7 percent since 2014 and added that the trend is continuing. “The Tax Police has intensified its activities in suppressing the gray economy in the goods and services industries via the Internet,” she said.

She said that a total of 173.8 million Dinars (1 Euro – 118 Dinars) worth of undocumented goods were seized this year.

Markovic also denied claims that the Tax Authority was protecting certain people, adding that it had published a list of companies and people who owed taxes in 2018.