The federation is raising the tax rate on high salaries

12.11.2021. / 16:30

SARAJEVO – The Prime Minister of the Government of the Federation of BiH / FBiH / Fadil Novalić confirmed that the proposed law on income tax increases the tax rate from 10 to 13 percent, but that this tax would not be collected on incomes up to 800 KM.

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Only workers who have a net pre-tax salary of more than 2,440 KM will pay higher income tax in the future than is currently the case. All other workers who receive less and who are 96 percent in the FBiH will pay less income tax“, Said Novalić.

He said that the income tax of 10 percent will be collected in the future on dividends on shares in companies, income from interest on savings and real estate trade.

He also announced that income tax will also be levied on all revenues from games of chance, where he sees significant progress compared to the current situation.

He added that the new law on income tax will be adopted only if a new law on contributions is adopted at the same time, which reduces contributions from 41.5 percent to 32.5 percent, federal media reported. Roe deer


Source: Capital.ba – Informacija je capital by www.capital.ba.

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