In the previous week, The Proposal of new Law on Fiscalization in Republika Srpska got adopted by the National Assembly of the Republic of Srpska.
The new Law on Fiscalization regulates topics of turnover, as well as taxpayers and the fiscalization procedure, including the content of the fiscal receipt and other procedures necessary for efficient control of the realized turnover of goods and services through electronic fiscal devices.
The Proposal of new Law on Fiscalization in the Republic of Srpska is adopted by the National Assembly
Public
Republic of Srpska
Author: Kristina Dosen
Category:
Fiscal subject related
Views:
674
Content accuracy validation date:
25.02.2022
Content accuracy validation time:
09:42h
The Minister of Finance of the Republic of Srpska Zora Vidović, pointed out that one of the benefits of the new Law on Fiscalization is that revenues are going to be visible in real-time.
"As persons are liable for fiscalization, the law prescribes all persons registered to perform transactions and services in the Republic of Srpska. Having in mind that it may happen that persons who perform a certain activity due to technical and functional characteristics of fiscal devices and specifics of activities that they perform cannot record turnover through that device, exceptions may occur ", explained the Minister of Finance of the Republic of Srpska.
Also, this law leaves the possibility for the Government of the Republic of Srpska to subsequently determine by a decree or similar act some exceptions to recording trade through the electronic fiscal devices for certain subjects, so this may be done sometime in the future.
One of the most important matters is the bylaws and rulebooks that are scheduled to be passed within six months from the adoption. These bylaws and rulebooks will also determine deadlines for taxpayers to transfer to the new system.
Other news from Republic of Srpska
New document was uploaded: S4F backoffice patch
Author: Kristina Dosen
S4F backoffice patch is intended for users who have already installed S4F backoffice and are intended to update existing installations to latest version. To do so apply only patches that are marked with version number that is newer than your currently installed instance of backoffice. Read more
Treatment of Refunds in the Republic of Srpska Regarding Minors
Republic of Srpska
Author: Ištvan Božoki
Retailers in the Republic of Srpska must issue a fiscal invoice—either Normal-Refund or Advance-Refund—when refunding a purchase or canceling a paid advance, including buyer identification and reference to the original sale. Read more
New document was uploaded: S4F backoffice patch
Author: Dejan Šijačić
S4F backoffice patch is intended for users who have already installed S4F backoffice and are intended to update existing installations to latest version. To do so apply only patches that are marked with version number that is newer than your currently installed instance of backoffice. Read more
Audit Regarding B2C Returns in the Republic of Srpska
Republic of Srpska
Author: Ištvan Božoki
Audits are currently underway in the Republic of Srpska focusing on potential manipulation in B2C returns. For citizens aged 18 and older, their 9-character ID number must be entered in the Customer ID field, while the process for minors remains unclear. Read more
Redeeming Vouchers Under the New Fiscalization System in the Republic of Srpska – Specific Use Case
Republic of Srpska
Author: Tara Nedeljković
In the Republic of Srpska's new fiscalization system, when a customer uses a social voucher that exceeds the receipt total (e.g., voucher value is 180 BAM, but the purchase totals 160 BAM), the retailer must enter 160 BAM in the "Voucher" field. Read more
TLv6 Implementation Marks Significant Shift in EU’s Trust List Format
Public
All countries
Author: Ivana Picajkić
A new EU Trust List format, TLv6, will officially replace TLv5 in May 2025 as part of the updated eIDAS Regulation (EU 2024/1183). It introduces key technical changes like a new URI field, updated signature format, and optional phone number support. Organizations must update their systems to avoid signature validation failures and service disruptions, as TLv5 will no longer be valid once TLv6 take... Read more
The Republic of Srpska Added New Business Activities to the List of Those Allowed to Use Virtual Processors of Fiscal Receipts
Republic of Srpska
Author: Tara Nedeljković
The Tax Administration of the Republic of Srpska has expanded the list of business activities eligible to use Virtual Processors for Fiscal Receipts (V-PFR), enabling more industries to adopt a fully software-based fiscalization method. Read more