By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sarajevo Times
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Search
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: Donations in the Form of Food be exempted from paying Taxes
Share
Aa
Sarajevo Times
Aa
  • HOME
  • POLITICS
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
  • SPORT
  • ARTS
  • W&N
Search
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Follow US
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2012 Sarajevo Times. All rights reserved.
Sarajevo Times > Blog > POLITICS > Donations in the Form of Food be exempted from paying Taxes
POLITICS

Donations in the Form of Food be exempted from paying Taxes

March 13, 2023
Share
SHARE

Sasa Magazinovic, head of the SDP Bosnia and Herzegovina (BiH) Deputies’ Caucus in the House of Representatives of the Parliamentary Assembly of BiH (PABiH), yesterday presented to all fellow deputies in that house a law exempting food donations from paying taxes.

In addition, he sent an invitation for everyone to jointly propose this long-awaited legal solution, not only from those who run soup kitchens, but also from businessmen who donate food, but above all from end users, the PABiH announced.

“I believe that you are familiar with the initiative of the Mozaik Foundation on the amendments to the VAT Law in terms of tax exemption for food donated to soup kitchens, as well as all the benefits that this amendment to the law brings with it. The current situation is paradoxical, in which those who donate food are punished because it is financially more profitable to destroy the food, paying about five percent of the value of the food, than to donate it, for which 17 percent VAT is paid. Estimates say that food worth approximately 130 million BAM is destroyed annually,” Magazinovic stated.

“I believe that understanding all the political differences, it is important that we cooperate on such topics. People in a state of need, hungry people, and unfortunately there are a lot of them, who expect that from us. We should be aware that in addition to the end users, with this law we also help businessmen, but also the budgets of local communities, from which money is most often allocated for soup kitchens. That is why it is important to show unity, because the success of the project “No one hungry, no one alone” depends on all of us, together,” he added.

In the coming days, Magazinovic intends to hold a meeting regarding the Ordinance on the implementation of the VAT Law, the amendment of which should also accompany the proposed amendment to the law and define the implementation of this process in practice. This is not the competence of the PABiH, but he believes that information should be available at the moment when the law is declared.

“Today, when both houses of the PABiH have been constituted, as well as the working bodies and when there is agreement from the Indirect Taxation Authority (ITA), I believe that the conditions for the law to enter the procedure have been met. For this reason, I am asking you to declare your willingness to be one of the proposers of the law and participate in the activities for the adoption of the law within the next seven days,” Magazinovic concluded yesterday.

E.Dz.

You Might Also Like

Police arrested a Person who severely injured and robbed Returnees in Visegrad

SDP President: Too much Time has been lost since the Electoral ection

Association: ‘We consider the Prosecutor’s Office of BiH to be responsible for this and all subsequent Attacks on Returnees’

People in Need can take Bread for free in Mostar

Citizens of BiH face another Price Increase

TAGGED: #bosnia, #donations, #food, #news
admin March 13, 2023
Share this Article
Facebook Twitter Whatsapp Whatsapp Telegram Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article OHR: War Crimes cannot be undone by Serving a Sentence
Next Article Members of BiH Presidency met with Slovenian PM
Leave a comment Leave a comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Stay Connected

10.2k Followers Like
10.1k Followers Follow
414 Followers Follow

Latest News

Police arrested a Person who severely injured and robbed Returnees in Visegrad
March 25, 2023
SDP President: Too much Time has been lost since the Electoral ection
March 25, 2023
Association: ‘We consider the Prosecutor’s Office of BiH to be responsible for this and all subsequent Attacks on Returnees’
March 25, 2023
People in Need can take Bread for free in Mostar
March 25, 2023
Citizens of BiH face another Price Increase
March 25, 2023
Service for Foreigners Affairs continues forcible Removal of Citizens illegally Staying in BiH
March 25, 2023
Becirovic: We will continue Cooperation with our Allies and their Diplomats in BiH
March 25, 2023
Chairperson of BiH Presidency met with the President of the United Nations General Assembly
March 25, 2023
Newly appointed PM of Canton Sarajevo reveals Plans for the Mandate
March 25, 2023
Returnees to Visegrad were severely beaten and robbed in their Home
March 25, 2023

You Might also Like

OTHER NEWSOUR FINDINGS

Police arrested a Person who severely injured and robbed Returnees in Visegrad

March 25, 2023

SDP President: Too much Time has been lost since the Electoral ection

March 25, 2023
OTHER NEWSOUR FINDINGS

Association: ‘We consider the Prosecutor’s Office of BiH to be responsible for this and all subsequent Attacks on Returnees’

March 25, 2023
OTHER NEWSOUR FINDINGS

People in Need can take Bread for free in Mostar

March 25, 2023
Sarajevo Times
Follow US

© 2012 Sarajevo Times. All Rights Reserved.

  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT

Removed from reading list

Undo
Go to mobile version
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Lost your password?