Tomorrow's press conference: What the Law on Contributions and Law on Income Tax in FBiH bring us

The Employers' Association of FBiH is organizing a press conference on the topic of adopting the Law on Contributions and the Law on Income Tax in the Federation of BiH. The press conference will be held on Monday, November 21st at 12:00 PM, and Adnan Smailbegović, president of the Employers' Association in FBiH, will address the attendees, writes Patria.

We remind you that on Friday, Mladen Pandurević and Adnan Smailbegović held a meeting with the resident representative of the IMF in BiH, Francisco Parodi, and his associates.

During the meeting, an analysis of tax burdens on labor was presented, and potential negative consequences of the proposed amendments to the Law on Contributions and the Law on Income Tax were pointed out, according to the Employers' Association of FBiH.

It was emphasized that the Association supports the Reform Agenda, but that the proposed measures do not lead to the relief of the economy, but rather to the detriment of both employers and employees.

The resident representative of the IMF in BiH, Francisco Parodi, thanked them for the useful presentation and stated that negotiations with the authorities regarding the two mentioned laws are underway.

The IMF mission is staying in BiH as part of the first review after the approval of a new credit program for BiH worth around one billion KM and the disbursement of the first tranche to the entities.