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Brcko District Approves Personal Income Tax Amendments Including Increased Personal Allowance

17 July 2020

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Approved Changes

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Bosnia Herz

According to recent reports, the Assembly of the Brčko District of Bosnia and Herzegovina has approved personal income tax amendments that entered into force on 4 July 2020. One of the main amendments is an increase in the annual personal income tax allowance from BAM 3,600 to BAM 6,000. The option to file paper or electronic personal income tax returns is also introduced, with the rules filing electronic returns to be set by the Directorate of Finance within 60 days.