Republic of Srpska: Government Amends Rules on Fiscal Device Exemptions

The Government of the Republic of Srpska has amended its regulation on fiscal device exemptions after reviewing practices in neighboring countries. Exemptions now include public education and cultural institutions, certified traditional crafts, and specific financial, gaming, telecom, and utility services.

 

Fiscal Device Exemption: The Regulation on activities exempt from electronic fiscal device recording was amended after consultations and comparisons with neighbouring countries. Exemptions include:

·         Public institutions in preschool, primary, secondary, higher education, and culture, partially or fully budget-funded.

·         Traditional crafts by certified persons.

·         Stockbroker activities, Central Securities Depository public authorisations (except those needing Securities Commission consent), entertainment gaming, telecommunications services to end users, and electricity supply to end customers.

These activities are exempted from the fiscalization obligation.