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Bosnia and Herzegovina to Introduce VAT Amendments Including Increased Registration Threshold

|Proposed Changes|Bosnia and Herzegovina
Bosnia and Herzegovina

The Governing Board of Bosnia and Herzegovina's Indirect Taxation Authority has reportedly proposed several VAT amendments, including:

  • An increase in the standard VAT registration threshold for economic operators from BAM 50,000 to BAM 75,000 in taxable turnover per year, with an increase in the threshold for farmers to BAM 100,000;
  • The introduction of new rules on the place of supply of servi…

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