The National Assembly of the Republic of Srpska, Bosnia and Herzegovina has approved amendments to the Law on Profit Tax that apply from 1 January 2026. This includes amendments to clarify the determination and treatment of a permanent establishment (PE):
- A construction, installation, or assembly site (including related supervisory activities or natural resource exploration) will now be considered a PE if the work lasts longer than 12 months; and
- Profits attributed to a PE must be calculated…