Bosnia and Herzegovina: Law on property tax rate: Changes for 2014 in Brcko District

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: Law on property tax rate: Changes for 2014 in Brcko District

topic.jpg

Dajana Topic

Non-residents, either physical persons or legal entities, can claim all property rights including possession of real estate, in the same manner as the domestic residents on the entire territory of Bosnia and Herzegovina (B&H). Therefore, foreign investors are given full legal protection and undisturbed transfer abroad of their profits originating from investment in B&H. The Assembly of the Brcko District adopted the Decision on fixing the property tax rate at 0.05% for 2014. The Decision was accepted on December 4 2013 and published in the Official Gazette of Brcko District on December 13 2013.

As a matter of fact, property tax reform in B&H began exactly in the Brcko District. Tax Law on the Property, which was passed in 2007, meant the establishment of a fiscal register and determination of market value.

The tax base for the property tax in the whole B&H (Brcko District, RS and FB&H) represents the market value of the property. The market value of any type of real estate for tax year is the value of the property at December 31 of the previous year.

Taxpayer of property tax in Brcko District is:

  • Proprietor of real property; and

  • Person who uses or occupies the property if the holder of property cannot be determined or cannot be found.

The tax rate, before December 4 2013 was set at minimum of 0.05% and not greater than 1.0%.

Finance Directorate of the Brcko District institution is responsible for the following activities:

  • Identification of all taxable and non-taxable property in the District;

  • Maintaining fiscal cadastre and the valuation of real estate;

  • Preparing and issuing tax decision; and

  • Collection and enforcement of taxes on real estate

Dajana Topic (dajana.topic@eurofast.eu)

Eurofast Global, Banja Luka Office

Tel: +387 51 340 680

Website: www.eurofast.eu

more across site & shared bottom lb ros

More from across our site

ITR’s data has highlighted the US firm’s ambition to become America’s ‘premier’ tax player via a concerted partner recruitment strategy
Jaap Zwaan’s arrival continues a recent streak of A&M Tax investing in the region; in other news, the US and Japan struck a deal that significantly lowered tariff rates
In a world where international tax concepts rely on human activity, Leonard Wagenaar poses existential questions about the future of such ideas when AI is ever-present
France v Axa provides a practical illustration of how the burden of proof is applied in TP matters under French law, ITR also heard
In an exclusive interview with ITR, Ian Gary calls for a central public CbCR database and bemoans the US’s lack of involvement in international tax transparency
Reckitt Benckiser is to divest its Essential Home business, which includes more than 70 brands, to private equity firm Advent International
In the first of a new series of weekly opinion pieces, ITR Editor Tom Baker reflects on the OECD’s attempts to sanitise the US’s brazen pillar two negotiations
The threat of 50% tariffs on Brazilian goods coincides with new Brazilian legal powers to adopt retaliatory economic measures, local experts tell ITR
The country’s chancellor appears to have backtracked from previous pillar two scepticism; in other news, Donald Trump threatened Russia with 100% tariffs
In its latest G20 update, the OECD also revealed tense discussions with the US where the ‘significant threat’ of Section 899 was highlighted
Gift this article