Fiscal subject related
However, it is not a mandatory measure for traders (they can opt to participate), and there are concerns that it cannot be a permanent solution. For long-term relief, the Consumers' Association recommends more comprehensive measures like tax reforms and local community initiatives. Given the ongoing economic instability both locally and globally, experts believe that permanent price stabilization is unlikely in the near future. The project involves over 30 commercial entities, with more than 1,500 shops participating in the previous period. As stated in this country, at the end of the year, the effectiveness of the initiative will be evaluated to decide on its continuation or improvement if it is proven useful enough.
Other news from Federation of Bosnia and Herzegovina
The new Draft Law in the Federation of BiH defines a wider scope of taxpayers.
The Federation of Bosnia and Herzegovina's new Draft Law on Fiscalization proposes an expanded scope of taxpayers and transactions subject to fiscalization to address market needs and curb tax evasion. The draft aligns fiscalization processes with the VAT law, introducing obligations for previously excluded transactions like advance payments and sample distribution. Read more
The Draft Law on Fiscalization in the Federation of Bosnia and Herzegovina has just been adopted!
The Federation of Bosnia and Herzegovina (FBiH) has adopted a Draft Law on Fiscalization of Financial Transactions, marking the first step toward modernizing its fiscal system. The draft law, addressing outdated technologies and aligning with digitization trends, covers receipt issuance, electronic fiscal systems, transaction recording, and penalties. The proposal will be reviewed by the FBiH Parl... Read more
New document was uploaded: Recorded webinar: E-invoicing for Global Retailers
If you are struggling with complex e-invoicing implementations across multiple countries, and if you are concerned about mounting costs, potential delays, or compliance risks, our webinar will help you to learn how global retailers can streamline e-invoicing efficiently! With countries worldwide mandating e-invoicing, international retailers face unique challenges adapting to new regulations acros... Read more
The first non-working Sunday in FBIH starting with November 17th
Starting Sunday, November 17, 2024, the Federation of Bosnia and Herzegovina will observe its first non-working Sunday for traders under the new Law on Internal Trade. What else do you need to know? Read more
The awaited new Law on Internal Trade was officially published in the Federation of Bosnia and Herzegovina
The new Law on Internal Trade in the Federation of Bosnia and Herzegovina, published on November 6, 2024, introduces significant changes to trade practices, effective November 15, 2024. Read more
The new law on internal trade in the Federation of Bosnia and Herzegovina: handling discounts
The Federation of Bosnia and Herzegovina has passed a new internal trade law prohibiting merchants from offering cash-payment-specific discounts and mandating consistent pricing across payment methods. Let's find out more about this! Read more
Has FBIH adopted the proposed law on internal trade? Will Sundays be work days?
The Federation of Bosnia and Herzegovina has recently adopted the Proposed Law on Internal Trade, introducing several significant changes. This new law aims to regulate various aspects of internal trade, with a particular focus on the working hours of sales facilities and the designation of Sundays as non-working days for traders. Read more