At the last session, the House of Peoples of the Parliamentary Assembly of Bosnia and Herzegovina unanimously adopted the Bill on Amendments to the Law on Value Added Tax. As an explanation to the law states a vast number of companies in BiH involved in the production or trade of food products have been discouraged from donating food in larger quantities, since donating food has been creating an additional financial obligation to pay VAT. Therefore, large amounts of food have been destroyed instead of providing a meal for vulnerable categories of the population. Translated into the amount of food per day, that’s more than 700,000 meals thrown away on a daily basis.
Source: eurofast.eu
Latest Posts in "Bosnia and Herzegovina"
- Bosnia and Herzegovina Advances Draft Law to Modernise Transaction Fiscalisation and Combat Tax Evasion
- Bosnia and Herzegovina Advances Digital Fiscalization Law to Combat Tax Evasion and Modernize Transactions
- Bosnia and Herzegovina Advances E-Invoicing and Real-Time Tax Reporting Law
- Bosnia and Herzegovina Proposes Mandatory Real-Time E-Invoicing Bill with Pre-Clearance and Reporting
- Bosnia and Herzegovina to Launch E-Invoicing for Modern, Efficient, and Transparent Business Environment














