Serbian Minister of Finance Lazar Krstic announced on Tuesday strict measures against the grey market, adding that in the way the budget revenues could increase by EUR 500-700 million annually.
Krstic said for Radio and Television of Serbia that the fight against the grey economy requires strengthening of the Tax Administration institutions in the first line, adding that the data analysis has already identified the ones that pay and the ones that evade taxes.
He announced soon amendments to the Tax Procedure Law and by-laws so that the fight against the grey economy could get into full swing by July 1 reports Tanjug.
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