The government of the Federation of Bosnia and Herzegovina has reportedly proposed certain individual income tax amendments, including:
- An increase in the standard individual income tax rate from 10% to 13%;
- An increase in the basic personal allowance from BAM 3,600 to BAM 9,600 per year; and
- A 10% individual income tax rate on income from the sale of immovable property, gifts and inheritance, interest on long-term deposits, and income received from investment funds and bonds.
The governm…