Amendments to the Law on Cash Registers in Brčko District

(Last Updated On: 21/11/2018)

On 17 October 2018, the Assembly of Brčko District adopted amendments to the Law on Cash Registers, essentially narrowing the list of persons who are subject to an obligation to register invoices using cash registers. The new amendments now grant the exemption from the above obligation to a number of taxpayer categories including farmers not registered for VAT, farmers and craftsmen selling own goods, small companies (per Law on PIT), municipal public companies, banks, insurance companies, insurance funds, postal companies, religious institutions, educational institutions, libraries, museums and gambling and betting related activities.

Introducing cash registers is not expected to cause extra cost for taxpayers because the Government of the Brčko District has secured subsidies for the purchase of the registers.

This Law aims at ensuring that all taxes will be paid on real turnover as well as targets the harmonization with Laws on cash registers in Republic of Srpska and the Federation of Bosnia and Herzegovina.

The Law will apply as of 1 January 2019. We advise taxpayers who are unsure if the amendments will have an effect on their current business practices to seek professional advice on the matter at hand.


Stevo Tadic, Eurofast Global, Bosnia and Herzegovina,
stevo.tadic@eurofast.eu


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