- The Draft Law on Fiscalization of Financial Transactions in the Federation of BIH, published on November 12, 2024, aims to combat tax evasion and unfair competition by introducing mandatory e-invoicing for the B2G, B2B, and B2C sectors, with real-time reporting of invoice data to the tax administration.
- E-invoices are defined as structured bills compliant with EU standards, enabling automatic electronic processing, while certain sectors such as security, defense, health, and social protection are excluded from the mandate.
- The law outlines the establishment of a central fiscalization platform (CFP) and Electronic Fiscal Systems (EFS) for recording transactions, requiring taxpayers to use software for invoice issuance and data reporting, and to validate invoices/receipts through a verification number or QR code.
Source Pagero
See also
- E-Invoicing/Real Time Reporting – What can you find on VATupdate.com
- Worldwide Upcoming E-Invoicing mandates, implementations and changes – Chronological
- Collection of E-Invoicing Guides – Worldwide – VATupdate
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
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