Fiscal subject related
Other news from Federation of Bosnia and Herzegovina
Handling gift cards on a fiscal device in the Federation of Bosnia and Herzegovina
The taxpayer is obliged to issue a fiscal sales receipt whenever there is an actual sale of the good or a provision of service in this country. In the Federation of Bosnia and Herzegovina, we can consider different kinds of beneficiary purchases that the customer will reclaim when the gift card is used in the retail store for specific expenditures. Read more
What you need to know regarding receipt copy in the Federation of Bosnia and Herzegovina?
In the Federation of Bosnia and Herzegovina, retailers can create a receipt copy in certain situations while having particular rules in mind. Do you know which exactly? Read more
What are the obligatory requirements when in comes to discount handling in the Federation of Bosnia and Herzegovina?
In terms of discount requirements in this country, the main rules include that there is a function for discounts available on the fiscal device but it is also allowed to create it through price change. Read more
The implementation of changes that envisage the introduction of a differentiated VAT rate in BiH
The latest information from the Federation of Bosnia and Herzegovina, in order for everything to be ready for the implementation of changes that envisage the introduction of a differentiated VAT rate in BiH, it takes at least six months from the day of the adoption of the Law. It takes a minimum of six months from the date of adoption of the Law on VAT, which provides for the introduction of a di... Read more
Supported proposal in amended Law in Federation of Bosnia and Herzegovina
The Committee on Finance and Budget of the House of Peoples of the Parliamentary Assembly has supported the Bill on Amendments to the Law on Value Added Tax, which establishes that the lower VAT rate to be set at 5% for basic foodstuffs, while luxury goods are accounted for 22 % rate. The chairwoman of the Commission stated that her amendments were not supported, which referred to the conclusion o... Read more
The Draft Law on Amendments to the Law on Value Added Tax adopted in BiH
The proposed Amendments were concerning lowering of VAT for the supply of certain goods and services and a higher VAT rate for luxury items. 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 hig... Read more