Bosnia cuts VAT on essential foodstuffs as inflation soars
Bosnia cuts VAT on essential foodstuffs as inflation soars
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Reduced VAT rate on foods; rise for ‘luxury’ goods The Bosnian assembly of Republika Srpska has approved a reduction on basic foodstuffs from the reduced VAT rate of 17% to 5%. At the same time, a range of ‘luxury’ goods in the 17% band will