capital gains tax in BiH

[zzzzzz]

I live in Bosnia as a residence.

One out of topic question: is it true that there is no personal capital gains tax in BiH? For example, if you trade with stocks/ETFs/derivatives with foreign brokers, is that tax free? Is there any difference in taxation between FBiH and RSrpska?

 

[CyprusLawyer101]

For example, if you trade with stocks/ETFs/derivatives with foreign brokers, is that tax free?

Btw such capital gains are tax free in Cyprus both for companies and for individuals.

 

[donna4]

Capital gains tax in RS/BiH is 10%. If you manage to hide a real origin of your income, and you present it as your monthly salary, then you can earn up to 1000 BAM tax free per month in RS, or 12000 BAM per year, tax free.

Otherwise, you have to fill a tax papers for a fiscal year and pay a 10% tax.

 

[zzzzzz]

Capital gains tax in RS/BiH is 10%. If you manage to hide a real origin of your income, and you present it as your monthly salary, then you can earn up to 1000 BAM tax free per month in RS, or 12000 BAM per year, tax free.

Otherwise, you have to fill a tax papers for a fiscal year and pay a 10% tax.

I know companies pay there 10%, but for individuals I read multiple times there is no capital gains tax. Are you resident there? Would love to hear this info firsthand.

 

[donna4]

I know companies pay there 10%, but for individuals I read multiple times there is no capital gains tax. Are you resident there? Would love to hear this info firsthand.

Send me a PM. I will explain you there.

 

[zzzzzz]

Send me a PM. I will explain you there.

I can't send you PM, I think it's only for mentor gold members.

 

[donna4]

I can't send you PM, I think it's only for mentor gold members.

Sorry, my bad. I have just looked into the Law on Income Tax of RS, and the tax for capital gains for individual person is 13%. Independent activity is taxed at 10% and personal income/salary is taxed at 8%.
If you are a resident for example in Republic of Srpska, you are obliged to pay capital gains tax whether your broker is there or in some foreign country.

 

[zzzzzz]

Sorry, my bad. I have just looked into the Law on Income Tax of RS, and the tax for capital gains for individual person is 13%. Independent activity is taxed at 10% and personal income/salary is taxed at 8%.
If you are a resident for example in Republic of Srpska, you are obliged to pay capital gains tax whether your broker is there or in some foreign country.

Did they change laws recently? This guy is talking about 0% personal capital gains tax (but it was recorded 11 months ago).

 

[orangeye]

Send me a PM. I will explain you there.

why don't you explain it here?

 

[RealDude]

why don't you explain it here?

Surely he wants to be paid for it?

 

[donna4]

Surely he wants to be paid for it?

I wanted to explain him in his native language, not in english. It doesn't mean necessarily to get paid.

You better refrain from posting if you don't have anything smart to post!