State authorizes Pink TV to defer payment of its 1.52 billion dinar tax debt


In addition to having the ability to pay around 1.52 billion dinars in tax debt in installments, Pink TV has also secured at least 1.28 billion dinars in state export loans.

In an unfair market with other independent media outlets, this pro-government television station has enjoyed preferential treatment for years, sometimes regardless of regulation.

Pink TV managed to postpone paying taxes for years, so the tax administration allowed debt rescheduling in a total of 93 installments, over a four-year period, according to information obtained by the Center. Serbian investigative journalism (CINS). .

Pink Television owed 231.2 million dinars in taxes in March 2012, when it signed an agreement with the tax authorities to pay the unpaid tax in six installments. A little over a year later, in June 2013, a new agreement allowed Pink to pay 705.01 million dinars in 15 installments.

In October 2014, Pink TV had to pay an additional 197.5 million dinars in taxes, the payment of which was spread over 12 installments. The television channel obtained a new postponement in March 2016 for the payment of 389.1 million dinars in tax debt, which it can settle in 60 installments.

No one knows what criteria the tax administration used when it decided to postpone the payment of Pink TV’s tax debt, considering that the administration refused to submit to CINS journalists the contracts it had made with Pink. TV.

In addition, Pink TV has been receiving money from the Serbian Export and Credit Insurance Agency (AOFI) for years, the terms and conditions of which are also not known. CINS study shows that the TV station and AOFI have agreed to AOFI granting export loans to Pink TV on several occasions, but AOFI did not provide information on what Pink TV exports exactly who is eligible for state aid.

However, CINS found loan and guarantee agreements from 2014, when Pink had bad debts, even though one of the conditions for a company to obtain a government guarantee or a loan or that it has settled all of its current tax obligations.

(Nova, 05.14.2021)

https://nova.rs/vesti/biznis/drzava-pinku-odlozila-placanje-preko-152-milijarde-duga/

This article is also available in: Italiano


About Warren Dockery

Check Also

Al Marri Chairs 2nd ECI Board Meeting

During the meeting, the Board of Directors had a strategic dialogue on ECI’s strategy for …

Leave a Reply

Your email address will not be published.