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

It should be easy for advisers to be transparent about costs, Brown Rudnick partner Matthew Sharp said in response to exclusive ITR in-house data
The sprawling legislation phases out Joe Biden-era green tax incentives for businesses; in other news, the UK will reportedly maintain its DST despite US pressure
New French legislation should create a more consistent legal environment for taxing gains from management packages, say Bruno Knadjian and Sylvain Piémont of Herbert Smith Freehills Kramer
The South Africa vs SC ruling may embolden the tax authority to take a more aggressive approach to TP assessments, an adviser tells ITR
Indirect tax professionals now rate compliance as a bigger obstacle than technology and automation; in other news, Italy approved a VAT cut on art sales
AI-powered tax agents are likely to be the next big development in tax technology, says Russell Gammon of Tax Systems
FTI Consulting’s EMEA head of employment tax and reward tells ITR about celebrating diversity in the profession, his love of musicals, and what makes tax cool
Canadian Prime Minister Mark Carney and US President Donald Trump have agreed that the countries will look to conclude a deal by July 21, 2025
The firm’s lack of transparency regarding its tax leaks scandal should see the ban extended beyond June 30, senators Deborah O’Neill and Barbara Pocock tell ITR
Despite posing significant administrative hurdles, digital services taxes remain ‘the best way forward’ for emerging economies, says Neil Kelley, COO of Ascoria
Gift this article