Bosnia and Herzegovina: Instruction on indirect tax exemption under Instrument for Pre-Accession Assistance Programme II

International Tax Review is part of Legal Benchmarking Limited, 1-2 Paris Garden, London, SE1 8ND

Copyright © Legal Benchmarking Limited and its affiliated companies 2025

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Bosnia and Herzegovina: Instruction on indirect tax exemption under Instrument for Pre-Accession Assistance Programme II

Vujasinovic

Igor Vujasinovic

On November 11 2015, a new Instruction issued by the director of the Indirect Tax Authority of Bosnia and Herzegovina entered into force. The Instruction was published in the Official Gazette of Bosnia and Herzegovina on November 30 2015.

Under the title "Instruction on claiming customs duties and taxation payment exemption in accordance with the Framework Agreement between Bosnia and Herzegovina and the Commission of the European Communities on the rules for cooperation to implement EC financial assistance to Bosnia and Herzegovina under the Instrument for Pre-Accession Assistance (IPA II)", the document defines in detail the rules and procedures for exemption from VAT and other indirect taxes (excises and road fees) in regard to supplies of goods and services financed by the Instrument for IPA II.

IPA II is part of a pre-accession programme which supports structural reforms in pre-defined sectors and areas as well as helping to introduce EU standards. IPA II covers the period 2014-2020 and is a successor of the first IPA programme. In taxation terms, the major differences between IPA II and IPA are the following:

  • IPA introduced a VAT exemption for goods and services supplied within approved projects. IPA II, in addition to the VAT exemption being available to all suppliers under the projects of IPA II, exempts suppliers of oil for the approved projects from payment of excises and road fees as well; and

  • IPA II introduces refunds of VAT for businesses which paid VAT for supplies for projects financed by IPA II during the so-called legal vacuum period preceding the entry into force of the IPA II agreement. Businesses that supplied oil for approved projects will be granted a refund of the VAT, excises, and road fees paid only on supplies performed for projects of IPA II.

Igor Vujasinovic (igor.vujasinovic@eurofast.eu), Bosnia office

Eurofast

Tel: +387 51 961 610

Website: www.eurofast.eu

more across site & shared bottom lb ros

More from across our site

CIT base narrowing measures remain more prevalent than increased CIT rates, the report also highlighted
ITR's parent company, LBG, will acquire The Lawyer, a leading news, intelligence and data-driven insight provider for the legal industry, from Centaur Media
KPMG UK’s Graeme Webster and KPMG Meijburg & Co’s Eduard Sporken outline the 20-year evolution of MAPAs, with DEMPE analyses becoming more prevalent and MAPA requirements growing stricter
Rishi Joshi, of the Institute of Chartered Accountants of India, warns of potential judicial overreach as assets are recharacterised to bypass a legislative exclusion
Only 2% of in-house survey respondents said they were ‘heavy’ users of AI for TP, Aibidia’s report also found
There was a ‘deeply embedded culture within PwC that routinely disregarded formal confidentiality obligations,’ the chairman of Australia’s Tax Practitioners Board said
Jennifer Best was most recently the acting commissioner of the IRS’s large business and international division
Section 899’s exclusion from the One Big Beautiful Bill does not mean it has been nipped in the bud, Aruna Kalyanam also tells ITR
Thanks to operational slickness and sheer force of will, A&M Tax will continue hoovering up talent across the globe
Setu Kamal became the first practising barrister to be added to the UK’s tax avoidance promoter list; in other news, UHY expanded its network in Canada
Gift this article