Category: Bosnia & Herzegovina
Court of BiH confirmed the Indictment to One Person for Tax Evasion in Amount of Half a Million BAM
On 11 February 2019 the Court of Bosnia and Herzegovina confirmed the indictment in the case of Selman Husejin et al. charging the accused Selman Husejin with the continued criminal offense of Tax Evasion or Fraud under Article 210(4) as read with Paragraph 1, and Article 54 of the Criminal… – Continue reading
Amendments to Profit Tax Law in Republic of Srpska of Bosnia and Herzegovina
The National Assembly of the Republic of Srpska (RS) adopted amendments to the Profit Tax Law on 28 December 2016. The main changes have become effective as of 1 January 2017 and will be briefly presented in this article. With the amendments, the Law clarifies the definition of “taxable person”… – Continue reading
Cayman Islands to implement OECD common reporting standard on automatic exchange of information
The Organization for Economic Co-operation and Development (OECD) common reporting standard (CRS) is a standard that provides for the automatic exchange of financial account information between participating governments. The requirements under this standard are in addition to any Foreign Account Tax Compliance Act (FATCA) requirements. The Cayman Islands has recently… – Continue reading
Accountants cheer the UK and the Netherlands for simple tax rules
European tax experts say that despite rule changes, Britain has one of the clearest systems Tax professionals view the Netherlands and the UK as the most attractive European countries in which to do business, according to a new survey. The two countries scored well on how simple their tax rules… – Continue reading
