The Ministry of Finance of the Federation of Bosnia and Herzegovina (FBiH) has adopted new regulations and procedures for advance tax rulings, effective from 1 June, 2024. 

These changes allow the Federal Tax Administration to issue various types of tax rulings, including advance, general, and specific rulings. 

The scope of these rulings covers individual income tax, corporate income tax, property tax, inheritance and gift tax, property transfer tax, social security contributions, taxes on games of chance, and other public revenues.

Additionally, the new regulations allow for the issuance of cross-border tax rulings. These rulings will address tax matters related to cross-border business transactions conducted by taxpayers within the Federation of Bosnia and Herzegovina. 

This development aims to provide greater clarity and predictability for taxpayers engaging in international trade.