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6 clusters · 29 sources · 74 days · First seen 3 months ago · Last updated 4 days ago

Real estate tax refund programs in Croatia and Bosnia

Overview

In Croatia, the Agency for Legal Transactions and Real Estate Brokerage (APN) has been processing tax refunds for citizens under 45 purchasing or constructing their first home. By early September, the number of approved requests rose to 4,770, with total support exceeding 36.2 million euros. Of the 7,327 total applications received, 1,090 were rejected, often due to property prices exceeding permitted thresholds or applicants already possessing other real estate.

In Bosnia and Herzegovina, the Indirect Taxation Authority (UIO) faced significant delays in processing VAT refunds for first-time property purchases due to technical deficiencies and a lack of electronic data exchange with the Federal Tax Administration, the Federal Ministry of Justice, and RUGIPP. While Minister of Finance and Treasury Srđan Amidžić vowed to resolve the issue despite these obstructions, the UIO initially reported that many applications were incomplete due to missing documentation.

Following the resolution of technical issues, the UIO began issuing decisions. Between September 17 and September 24, 58 decisions were issued, totaling 857,570 KM. This activity accelerated significantly between September 16 and October 23, during which the UIO issued 533 decisions totaling 8,665,800 KM. Regional distribution for this period included 153 in Tuzla, 145 in Sarajevo, 144 in Banja Luka, and 91 in Mostar. As of late October, 413 payments have been processed, with 120 decisions still being delivered via mail.

Entities

Mostar · Banja Luka · Indirect Taxation Administration · Sarajevo · Tuzla

Claims

What the coverage asserts, and how many sources carry each claim.

[● 2 SOURCES] The UIO has received 1,234 requests for VAT refunds on first-time property purchases.
[● 2 SOURCES] No decisions regarding VAT refunds have been issued yet due to technical issues in certain institutions.
[○ 1 SOURCE] The Tax Administration of FBiH, the Federal Ministry of Justice, and the Government of Brčko District lack the technical capacity for cooperation.
[○ 1 SOURCE] Technical issues in three institutions are expected to be resolved by Monday, September 14.
[○ 1 SOURCE] The UIO expects to be able to issue the first refund decisions by Wednesday, September 16.
[○ 1 SOURCE] Tuzla regional center has received 580 requests, Sarajevo 321, Banjaluka 228, and Mostar 105.

Timeline

4 days ago

[BUSINESS] 13 sources
Indirect Taxation Administration issues VAT refunds in Bosnia and Herzegovina
The Indirect Taxation Administration in Bosnia and Herzegovina has approved 533 VAT refunds for first-time real estate purchases, totaling over 8.6 million KM.
about 1 month ago

[BUSINESS] 3 sources
Indirect Taxation Administration issues 58 VAT refunds for first real estate
The Indirect Taxation Administration issued 58 VAT refund decisions for first-time real estate purchases in Bosnia and Herzegovina, totaling 857,570 KM.
about 1 month ago

[POLITICS] 4 sources
Amidžić vows to resolve VAT refund issues for first real estate
Finance Minister Srđan Amidžić aims to resolve VAT refund issues for first-time real estate buyers in Bosnia and Herzegovina, citing technical delays and lack of readiness from federal institutions.
about 2 months ago

[BUSINESS] 9 sources
Indirect Taxation Authority of BiH delays VAT refunds for first homes
The Bosnia and Herzegovina Indirect Taxation Authority has received 1,234 VAT refund requests for first-time home buyers but faces delays due to technical issues in several regional institutions.
about 2 months ago

[BUSINESS] 2 sources
Real estate tax refund programs see activity in Croatia and Bosnia and Herzegovina
Tax refund programs for first-time homebuyers are seeing significant activity in Croatia and Bosnia and Herzegovina, though administrative and technical hurdles remain in both regions.
3 months ago

[BUSINESS] 5 sources
APN approves €34.8 million in tax refunds for first-time homebuyers
Croatia's APN has approved 4,600 tax refund requests for first-time homebuyers, distributing over 34.8 million euros to citizens under age 45.

Sources

072info.com · alpinerecreation.com · banjaluka.net · baranjainfo.hr · biznis.ba · biznismagazin.rs · bl-portal.com · bosnainfo.ba · bug.ba · depo.ba · dnevnik.hr · glasregije.net · jajce-online.com · kozarski.com · laktasi.info · lider.media · nap.ba · ogportal.com · oslobodjenje.ba · poslovni.hr · radiosarajevo.ba · radiosrebrenik.ba · riportal.net.hr · rtv-hb.com · rtvslon.ba · vecernji.ba · zagreb.info · zenicablog.com · zenit.ba

This summary has been updated 4 times: see revision history