We remind taxpayers that the deadline for canceling default interest on public revenues is close! You can “earn” interest in amount of 0.04% per day or 14.6% per annum.
According to the Law on Amendments to the Law on the Amount of Interest Rates on Public Revenue (“Official Gazette of the FBiH”, no. 34/18), interest calculated on the basis of unpaid public revenues, as of December 31st, 2016, will be written off if the payer pays the debt no later than May 5th, 2019.
The request for the cancellation of default interest on public revenues is submitted by the ZAOK Form, directly or by mail to the competent tax office where the taxpayer’s head office or address of the applicant is. The ZAOK Form is filled in according to the Rulebook on the form and content of the application form for the cancellation of default interest on public revenues and necessary documentation (“Official Gazette of FBiH”, no. 29/13). The ZAOK form can be downloaded from the website of the Tax Administration of the Federation BiH: www.pufbih.ba from the “Obrasci” section.