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Bosnia Approves VAT Refunds for New Home Buyers

  • Bosnia and Herzegovina Lower House approves VAT refund on new residential properties
  • Approval occurred on 6 December 2024
  • Amendments allow VAT refunds on first supply of new residential properties
  • Current VAT on real estate is 17 percent, a significant financial burden
  • Amendments need approval from the House of People to become law

Source: regfollower.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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