FISCAL SOLUTIONS...
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Public Federation of Bosnia and Herzegovina Author: Kristina Dosen
The proposed Amendments were concerning lowering of VAT for the supply of certain goods and services and a higher VAT rate for luxury items.
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Fiscal subject related

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Content accuracy validation date: 05.04.2022
Content accuracy validation time: 11:15h

The changes from this regulation would include lowering the VAT rate for the supply of products such as medicines, flour, bread, milk and dairy products, sugar, etc. for which a reduced VAT rate of 5% will apply. On the other hand, the changes stipulate a higher VAT rate for many luxury products to be taxed at a rate of 22%.

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