Bosnia and Herzegovina Announces Tax Measures Under Federal Budget for 2023

Jan. 30, 2023, 5:00 AM UTC

The Bosnian-Herzegovinian Government of the Federation BiH Jan. 25 announced tax measures proposed under the federation’s budget for 2023. The announcement includes proposals to: 1) reduce the social security contribution rate to 31.5 percent from 41.5 percent; and 2) set the tax-free income limit at 1,000 Bosnian convertible marks (US$557). [Bosnia and Herzegovina, Government Portal of Federation BiH, 01/25/23]

Reference: View Announcement.

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