Turnovertax is the text dating from 1970 which was published in Indeks, magazine run by students of Novi Sad University. The text consists of 12 segments (eight of which make up the body of the text and four of which are footnotes) and has a form of a poetic text. Certain historical data, together with morphological and phenomenological characteristics, of a tax instrument which was applied mainly in Europe in the 20th century, were presented in the form of free verse. This ironic and parapoetic construct was a result of the research into mimethic potential of poetry. Reistic poetry presented the surface of the phenomena in material reality, which were presented without the use of any kind of interpretation. In the same way, in Turnovertax, an administrative system (innovative in its time within the context of the development of methods for accumulation of money needed for financing the state) served as a kind of conceptual 'ready made' in creating the mimethic poetic product.
Biographies of the artists and the groups:
Slavko Bogdanović has a PhD in Law and is a conceptual artist. He was a member of KÔD (1970-71) and the member of the editorial team of magazine Indeks (1970). Together with Miroslav Mandić, he founded and published L.H.O.O.Q. – an underground magazine for development of interpersonal relationships and permanent destruction of everything that exists (13 issues published). Papers and publications: Swamp (book, 1970), Book nailed Shut (object, 1971), Politics of Body (book, 1997), Dingo likes Dingach (book, 1998), Byzantine XXI (13 objects, 2006), Final Shot - final Cut (DVD with booklet, 2007), Vae Victis (DVD with booklet, 2008), Event Horizon (prints 1/1—1/33, 2008).