The Income Tax rate in Bosnia and Herzegovina is one of the important factors in the country’s economy. Here is a page where every detail about Bosnia and Herzegovina’s income Tax rate and calculations are provided.
Every country in the world is bound to have its respective tax system. In the case of the personal income tax rate, sales, and corporate tax rate in Bosnia and Herzegovina, you will get to have a unique system guiding it.
In this article, you will be shown the details of the income Tax rate in Bosnia and Herzegovina. The taxation system covers personal income, sales, and corporate tax rates.
Bosnia and Herzegovina’s Personal income Tax rate 2022?
The personal income tax rate is generally the tax rate after all the expenses and deductions have been made.
Income – Allowable Expenses = Taxable income
Taxable income/Tax rate = Tax Due
- Bosnia and Herzegovina Personal Income Tax 10%
Bosnia and Herzegovina Sales tax
The sales tax rate in Bosnia and Herzegovina is a consumption tax imposed by the government on the sale of goods and services.
- Sales tax 17%.
The sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government
RECOMMENDED:
- The income tax rate in Monaco
- The income tax rate in the Bahamas
- The Income tax rate in Oman
- The Income tax rate in Eritrea
How much is corporate tax in Bosnia and Herzegovina?
Bosnia and Herzegovina Corporate tax is a tax on the profit of a corporation. The tax is paid on the company’s taxable income.
- Corporate Tax Rate 10%
Is Bosnia a tax haven?
The Federation of Bosnia and Herzegovina is a lesser-known tax haven for property sellers. The Federation of Bosnia and Herzegovina (B&H) imposes one of the lowest tax rates in Europe, particularly for capital gains taxes
The details above have been released to enlighten the general public on the income Tax rate in Bosnia and Herzegovina. If there’s anything else you need, kindly let us know via the comments section below.
