Supported proposal in amended Law in Federation of Bosnia and Herzegovina
The chairwoman of the Commission stated that her amendments were not supported, which referred to the conclusion of the National Assembly of the Republika Srpska that instead of a lower tax of zero rather than a rate of five percent, as proposed by the House of Representatives of the BiH Parliamentary Assembly, should have been adopted, but the adopted solutions now are 5% and 22%.
During the discussion at the session of the Commission, the Assistant Director of the Indirect Tax Administration, said that this administration was not consulted when proposing this legal solution or when it was adopted by the House of Representatives and that the implementation for the software side could be complex and need more funds.
It was also pointed out that these new changes would be applicable within eight days, as envisaged by this legal text.
The latest 3 updates:
- • Currently expected maximum timeframes for transitional use of Fiscal Systems until transition to new fiscalization in FBIH
- • New webinar was uploaded: Recorded webinar: Evolution of Fiscalization:From fiscal printers to real-time data platforms
- • What is the status of regulations and technical requirements for new Fiscalization model expected in FBIH?
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