News in English     | 19.02.2020. 19:52 |

HoR of FBiH Parl. passes the crucial law for submission of financial statements

FENA Senka Trgovčević

SARAJEVO, February 19 (FENA) - The House of Representatives of the Parliament of the Federation of Bosnia and Herzegovina today, with a view to amending the Profit Tax Act, adopted an amendment proposed by MP Ramo Isak for the purpose of clarifying legal norms.

This enabled the proposed changes to the Act to take effect upon their publication in the Official Gazette of the Federation of Bosnia and Herzegovina, which should be implemented in order to harmonize the terminology with the new International Accounting Standards that have entered into force.

This law, which treats compliance with accounting standards, will ensure that there is no additional cost to employers.

(FENA) S. R.

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