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Bosnia Approves VAT Refund for New Homes, Awaits Upper House Decision

  • Bosnia and Herzegovina lower house of Parliament passed amendments for VAT refund on first supply of new residential property
  • Amendments adopted on October 22, 2024
  • Proposal still needs approval from the upper house of Parliament
  • Tax authority to issue regulations to prevent tax fraud

Source: kpmg.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.

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