BiH: Bankruptcy for 34 over BAM 102m tax debt

The Tax Administration of Republika Srpska has launched an initiative for launching bankruptcy procedures at 34 enterprises whose combined tax debt amounts to BAM 102.1 million, it was announced yesterday.

The Administration has decided to take this step with the aim of protecting Republika Srpska’ tax claims, saying it will implement this measure in the future, as well, with those taxpayers for which this is the last resort because all other methods of collection had been exhausted.

The biggest five tax debtors in RS include Novoteks Darko Produkt, Dobojputevi, Ekstra trgovina and Kekerovic Company.

News source: Limun.hr link: article