- The Law on Amendments to the Law on Value Added Tax was adopted in Bosnia and Herzegovina.
- The threshold for mandatory VAT registration has been increased from 50,000 to 100,000 BAM.
- The law aims to reflect inflationary trends and price increases of goods and services.
- The proposal was supported by the Finance and Budget Committee.
- The law is expected to provide relief to more than 6,200 taxpayers.
- There was a debate about changing the VAT payment date, but it was not included in the final bill.
Source: fiscal-requirements.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
