CITIZEN OF CHINA ACCUSED OF TAX EVASION CONCLUDED A PLEA AGREEMENT. MORE THAN BAM 500.000 WILL BE RECOVERED FOR THE BIH BUDGET

The accused Sun Dingquan expressed his guilt for the criminal offense of Tax evasion under Article 210, Paragraph 3 of the CC BiH, and in conjunction with Paragraph 1 of the same CC BiH.

The accused Sun Dingquan - born on November 14, 1969 in Ying Kon in People's Republic of China where he resides, citizen of the People's Republic of China, with prior conviction i.e. suspended sentence - entered into plea agreement with the Prosecutor of Department III within the Prosecutor's Office of BiH.

The indictment of March 11, 2014 charges Sun Dingquan with having submitted tax returns indicating false information to ITA BiH thus reducing his tax liabilities and evading payment of taxes on goods and services in the amount of BAM 556.117.00 which is the amount of damages cussed to the BiH budget.

Pursuant to the agreement the Prosecutor and the Defense agree that the accused Sun Dingquan be rendered a one (1) year imprisonment sentence by the Court of BiH, a sentence that is in line with the role of the accused in commission of the criminal offense.

The accused undertakes to pay the amount of BAM 556.117.00 as recovery of ill-gotten profit; to cover the costs of the Prosecutor's Office of BiH in the criminal proceedings in the amount of BAM 1.600.00 as well as to cover the costs of the Judicial proceedings in twelve (12) monthly installments, starting from  May 1, 05th 2014.

The indictment charges Sun Dingquan with having, as a Director and a responsible person of the company „Lan Yue“ d.o.o. /LLC/ Sarajevo i.e. a tax payer, submitted tax returns indicating false information as no bills were made for cash sales nor were such sales recorded in the „Lan Yue“ d.o.o. company books during the period from January 1, 2006 to August 31, 2009 thus reducing the base for calculating the output value added tax in the attempt to evade payment of sales tax. By doing so he failed to qualify for tax exemption under the relevant legal provisions of the tax legislation of Bosnia and Herzegovina.

With this agreement the accused confirms that he is aware of the content of the indictment of the Prosecutor’s Office of BiH. He also confirms that the plea statement was given voluntarily, knowingly and with full understanding.

Pursuant to this agreement the accused has waived his right to a trial as well as his right to appeal the criminal sanction that shall be rendered to him by the Court of BiH.

The agreement was submitted to the Court of BiH.