Oslobođenje: In the organization of the Association of banks of BiH, and in the context of application of the Law on Contribution Tax, there has been a meeting of the representatives of banks, the Ministry of Finance of the FBiH and the Tax administration of the FBiH. Goal of the meeting was to confirm the final proposal of applicative acts which will enable the application of the Law on Contribution Tax, whose application has started on January 1st, 2009.
Namely, the Law stipulates that all the legal persons, during payment of their monthly incomes, are obligated to do the contribution payment. There has been proposed a nomenclature which will enable the banks for an electronic reporting of the Tax administration at the same time. Application of new solutions is expected after the Ministry of Finance of the FBiH has announced them officially.
This is a result of the several month activities of the joint working group of bankers and the Ministry of Finance of the FBiH and the Tax Administration of the FBiH.
"This example has shown that jointly and coordinately better solutions can be achieved effectively and efficiently", has been notified from the Association of banks of BiH.