Bosnia and Herzegovina: Excise law amended in Bosnia and Herzegovina

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: Excise law amended in Bosnia and Herzegovina

topic.jpg

Dajana Topic

At the beginning of 2014, the price of cigarettes in Bosnia and Herzegovina (B&H) increased due to the Decision on the rate of specific excise duty and the overall minimum excise duty on cigarettes. Six months later, in June 2014, the Bosnian parliament adopted another set of amendments to the Law on Excise, which entered into force in July 2014 and is applicable as of August 1 2014. This time, the basic changes affect the excise duty on cigarettes, with the overall excise duty being increased from BAM 126 (€65) to BAM 176 (€90) per 1,000 cigarettes.

Excise duty is introduced on fine-cut tobacco and amounts to BAM 78 (€40) per kilogram. Within the next few years, the excise duty for this category is expected to increase so as to amount to at least 80% of the minimum excise duty on cigarettes.

New amendments prescribed the obligation for taxpayers and other persons involved in the sale of cigars, cigarillos and smoking tobacco to create inventory lists of these tobacco products by August 1 2014 and submit them to the Indirect Taxation Authority of B&H by August 8 2014 at the latest.

Dajana Topic (dajana.topic@eurofast.eu)

Eurofast Global, Banja Luka Office / Bosnia

Tel: +387 51 340 680

Website: www.eurofast.eu

more across site & shared bottom lb ros

More from across our site

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
The tax agency has increased compliance yield from wealthy individuals but cannot identify how much tax is paid by UK billionaires, the committee also claimed
Saffery cautioned that documentation requirements in new government proposals must be limited if medium-sized companies are not exempted from TP
The global minimum tax deal is not viable without US participation, Friedrich Merz has argued
Section 899 of the ‘one big beautiful’ bill would have spelled disaster for many international investors into the US, but following its shelving, attention turns to the fate of the OECD’s pillars
DLA Piper’s co-head of tax for the US and Latin America tells ITR about her fervent belief in equal access to the law, loving yoga, and paternal inspirations
Tax expert Craig Hillier agrees with the comparison of pillar two to using a sledgehammer to crack a nut
The amount is reported to be up 57% from the £5.6bn that the UK tax agency believes was underpaid in the previous year
Gift this article