- Introduction of E-Invoicing Law: Bosnia and Herzegovina has released a draft law to mandate B2B, B2G, and B2C e-invoicing and real-time reporting to combat tax fraud, covering various transactions including sales of goods, services, and property transfers.
- Centralized Reporting Platform: Taxpayers in B2B and B2G transactions will be required to use the Central Platform for Fiscalisation (CPF) for issuing e-invoices and real-time data reporting, while B2C transactions will utilize approved electronic fiscal systems for invoice management.
- Compliance and Penalties: The draft law specifies penalties for non-compliance, with further details on implementation timelines and relevant bylaws to be provided in the future.
Source: sovos.com
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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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