By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sarajevo TimesSarajevo TimesSarajevo 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: How will the Exemption of Food Donations from VAT work in Practice?
Share
Font ResizerAa
Sarajevo TimesSarajevo Times
Font ResizerAa
  • 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 > BUSINESS > How will the Exemption of Food Donations from VAT work in Practice?
BUSINESS

How will the Exemption of Food Donations from VAT work in Practice?

Published: July 14, 2023
Share
SHARE

A transparent and efficient system of implementing the amendment to the VAT Act, in connection with the exemption of food donations from paying VAT, will ensure that food reaches those who need it most. With the aim of establishing a system for applying the amendment to the VAT Act, a working meeting was held organized by the Mozaik Foundation and partners gathered around the initiative “Nobody Hungry. Nobody Alone” funded by the United States Agency for International Development (USAID) within the “Legal Framework for Philanthropy” program.

Muharem Masinovic, assistant director for the Tax Sector in the Indirect Taxation Authority of Bosnia and Herzegovina (ITA BiH), presented this process and the deadlines for the adoption of accompanying acts, stressing that valuable suggestions from this meeting will be carefully considered.

“Today’s meeting was very useful for us, because we heard the thoughts of actors who are affected by the application of the VAT Act, and in connection with the exemption of food donations from paying VAT, and received feedback on the planned system and supervision of the implementation of this privilege. The ITA working group prepared a preliminary draft of the Ordinance on the amendment of the Ordinance of the implementation of the VAT Law, which will be published at public consultations, and after that, it will be submitted to the ITA Management Board. The suggestions from today’s event will be submitted to the ITA within the framework of these public consultations and the ITA will carefully consider them,” Masinovic explained yesterday.

The head of the BiH Food Safety Agency, Dzemil Hajric, Ph.D., spoke about the aspect of food safety and said that this Agency, in accordance with its competencies, will assist in the drafting of the Rulebook on the implementation of the VAT Law in order to ensure that the donated food, which is about to expire, complies with the Law on Food of BiH and is safe for use.

At the working meeting, the results of the research on the implementation of the donation system of the regional organization Catalyst Balkans, one of the partners of the campaign “Nobody Hungry. Nobody Alone.”, were presented, and the challenges of soup kitchens as recipients of donations and the needs of companies – food donors were discussed at two discussions, Akta reports.

E.Dz.

Hundreds of High School Students from BiH and the Region at the IEEE INNOVATION EXPO
Construction of Sultan Ahmed Complex to be continued with the New Donor Funds
Success: Cement Factory Lukavac with a Record Net Profit
Turkovic-Davidse: The World Bank supports BiH’s Reform Path
Waste Treatment Project Presented
Share This Article
Facebook Whatsapp Whatsapp Telegram Threads Bluesky Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Which BiH Politicians filled the U.S. ”Blacklist”?
Next Article EU donates specialized Equipment to the BiH Directorate for Coordination of Police Bodies
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Stay Connected

10.2KFollowersLike
10.1KFollowersFollow
414FollowersFollow

Latest News

Fuel Prices Fall, But New Price Hikes Still Expected Across Bosnia and Herzegovina
June 28, 2026
Jasmina Nuspahic brought AK Bihac its 17th Medal at the National Championships this Year
June 28, 2026
Exhibition of Student Works on the Anniversary of the Sarajevo Assassination opens in Sarajevo
June 28, 2026
The Third Edition of the International Silver Frame Film Festival from July 16
June 28, 2026
Pomozi.ba organized the First Humanitarian ‘Share & Care’ Bazaar in Sarajevo
June 28, 2026
EU High Representative Kaja Kallas is visiting BiH on July 1 and 2
June 28, 2026
Plenkovic: Croatia continues to advocate for the EU Enlargement Process, with strong Support from BiH
June 28, 2026
Lana Jahic is Miss Bosnia and Herzegovina for 2026
June 28, 2026
BiH FM meets with Minister of Foreign and European Affairs of Slovenia
June 28, 2026
Puljic: Politicians in Sarajevo must change their Approach to the Trump Administration
June 28, 2026
Sarajevo TimesSarajevo Times
Follow US
© 2012 Sarajevo Times. All Rights Reserved.
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?