Positive effects of improved fiscal systems in the Federation of Bosnia and Herzegovina

Thanks to the improved fiscal system introduced in BiH, new data protection models increase the security of data transmission of traffic through new technologies, which reduces the possibility of their manipulation by unauthorized persons. More details are as follows.

Regarding the old model of fiscalization in FBIH, the fiscal data transfer system only involved the transfer of total turnover at the end of the day, and the taxpayer could influence the amount finally transferred about the actual daily turnover by various manipulations, ie illegal actions (fictitious reversal of a certain number of receipts).

Recording of each fiscal receipt to the Tax Administration at the moment when it is issued is a significant indicator for inspectors when conducting control in terms of e.g. whether the taxpayer is issuing fiscal receipts. Namely, if it is stated that a certain taxpayer, e.g. did not issue any fiscal receipts within 3 hours, the same may be a signal for additional control of that taxpayer. It should be noted here that this is not the only criterion used in such assessments, but is taken into account and e.g. the activity performed by the taxpayer, the place where it is located, etc.

Therefore, from a Tax Administration perspective, the new system will allow for a risk-based inspection approach. This means that suspicious taxpayer behavior will be easier to identify and that based on this analysis, inspections are likely to visit more suspicious taxpayers than go to random checks and visit taxpayers operating following the law.

By using smartphones or mobile phones, every citizen can check the validity of the issued fiscal invoice via QR code, which raises the awareness of both citizens and taxpayers to actively participate in combating the gray economy and increasing tax discipline by requesting and taking receipts.

New data protection models increase the security of data transmission of traffic through new technologies, which reduces the possibility of their manipulation by unauthorized persons.