Fiscal subject related
Content
With this decision, the mentioned Rulebook on the Dynamics of Replacing Fiscal Systems in the Federation of Bosnia and Herzegovina ( shortened: FBIH ) is put out of force.
In order to properly and clearly inform the public and taxpayers, the Tax authorities want to emphasize that the mentioned Rulebook was a measure to combat tax evasion by gradually replacing obsolete devices with new devices. This is in line with the collection of public revenues and fiscal stability of the FBiH, but this obligation was unjustifiably presented as an additional levy for businessmen according to the words of the Minister of Finance of this country.
As a reminder, in September 2021, The Ministry of Finance of the Federation of Bosnia and Herzegovina had published the Rulebook on the dynamics of replacement of fiscal systems in the Federation of Bosnia and Herzegovina. In this Rulebook Ministry in FBIH had explained the criteria and deadlines in terms of replacing currently used fiscal systems, with the general criteria for the replacement of fiscal systems being the year of initial fiscalization.
The previous plan was to replace one-third of the fiscal cash registers by the middle of 2022, and the rest in the next two years. However, for now, it is certain that the whole process will be prolonged and that the new deadlines are yet undefined.
Other news from Federation of Bosnia and Herzegovina
New document was uploaded: Digital Product Passport
Do you even know what DPP is? Digital Product Passports (DPP) are set to play a crucial role in the European Union’s commitment to a circular economy. The purpose of this document is to provide you with a necessary overview of the upcoming Digital Product Passport requirements set to be implemented by the European Union. Read more
Expanded 'Lock Prices' initiative in the Federation of Bosnia and Herzegovina
From March 15, the second wave of the voluntary project of the Federal Ministry of Trade, Retailers, Producers, Consumers, and Trade Unions "Lock Prices" begins and will last until June 16 this year. The list of products with a reduced and locked price has been expanded from 40 to 60 products. As the Ministry announced, the new list includes products used by patients with celiac disease and diabe... Read more
The "We Lock Prices" project in Bosnia is being extended while the number of products has been increased to 50.
After two months from the beginning of the implementation, the Ministry of Trade of the Federation of Bosnia and Herzegovina assessed that the action gave very good results; therefore, the project that concerns price locking will be extended for another three months. The project started in the second half of December 2023; the prices are locked for 40 food and hygiene products, and the cooperation... Read more
New document was uploaded: Recorded webinar: It’s time to grow together
In this discussion, we have introduced our new partner program and what is essential for international growth, while dealing with topics such as - Success factors for POS applications - What does globalization mean? - How to grow globally? Furthermore, we presented benefits for our partners. Last but not least, we presented our fiscal cloud architecture and its important features.You can down... Read more
What do you need to know about the Draft Law on Internal Trade in the Federation of Bosnia and Herzegovina?
The Draft Law on Internal Trade, proposed by the Federal Ministry of Trade and submitted to parliament by the Government of the FBiH, aims to improve and modernize the trade sector in the Federation. It covers various aspects of trade and trade services, such as the rights and obligations of traders, forms of trade, pricing, trade records, market monitoring, consumer protection, unfair commercial... Read more
How will the "We Lock Prices" project benefit consumers and traders in Bosnia by reducing and locking the prices of certain products?
The Bosnian Federal Ministry of Trade, together with the Association of Employers, Consumer Associations, and Trade Unions, launched the project "We lock prices," whereby the prices of 40 food and hygiene products are reduced and locked for a period of 3 months. The project has officially started and will run until March 15th, 2024. A lower and 'locked' price was agreed upon for 40+ products, whi... Read more
Will the new draft law on internal trade in the Federation of Bosnia and Herzegovina have an impact on the shop's working hours?
The Government of the Federation of Bosnia and Herzegovina established a draft of the new law on internal trade, which also deals with the rules for the determination of the work hours of the shops themselves. As announced by the entity government, it is a completely new law regulating this area that is harmonized with the acts of the European Union. Let's find out more about what the new law e... Read more