- The Bosnian-Herzegovinian Upper House accepted a bill to amend the VAT law.
- The bill allows VAT refunds for residents on their first residential property purchase.
- Nonresidents can get VAT refunds on goods bought and taken out of the country, with some exceptions.
- The bill imposes penalties for incorrect VAT calculation, payment, and filing.
Source: news.bloombergtax.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.
