- The Republic of Srpska will launch a new fiscalization system in February 2024
- Business entities will receive new fiscal cash registers for free
- The test phase of the new system will start in February 2024
- The new cash registers will be connected to the Tax Administration server
- Inspectors will be able to track and audit transactions retroactively
- Business entities that issue illegal or fake receipts will face penalties and sanctions
- The new fiscalization system is expected to be fully operational in May 2024
Source: fiscal-requirements.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.
Latest Posts in "Bosnia and Herzegovina"
- Draft VAT Regulation Open for Public Consultation Until September 26, 2025
- Bosnia and Herzegovina Suggests VAT Refund Amendments for Initial Residential Property Supply
- Bosnia and Herzegovina’s Fiscal Reform Proposal: New Tax Obligations for Individuals and Businesses
- BIH Increases VAT Refund Threshold for Foreign Shoppers to 200 Convertible Marks
- New VAT Refund Threshold for Foreigners in BiH: Minimum Spending Requirement Doubles
