Bosnia and Herzegovina Parliament Adopts Law on Fiscalization to Combat Tax Evasion

• The House of Peoples of the Federation of Bosnia and Herzegovina adopted the Law on Fiscalization of Transactions after a tense voting process.
• The law initially failed in an electronic vote but passed after a roll-call vote with 43 in favor, 16 against, and 3 abstentions.
• The law mandates the issuance of receipts, introduces an electronic transaction recording system, establishes monitoring and supervision, and includes penal provisions.
• Its main goal is to combat tax evasion by using technology to collect and transmit transaction data in real time.

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.

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