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14.1. Books and Records

Domestic tax law requires the maintenance and preservation of records of all transactions, movable and immovable property (assets) and of all income that will enable the taxpayer to prepare complete and accurate tax returns. These records are to be supported by adequate source documents.

Certain taxpayers are required to maintain cash registers for registering invoices. Effective 1 January 2019, the list of taxpayers required to maintain cash registers in the Brcko District (BD) has been narrowed so as to ensure tax payments on real turnover and to harmonise the laws with the Federation of Bosnia and Herzegovina (FBiH) and Republic of Srpska (RS).