090804 as
FSA6451: 08.09.2004 03:14
BiH-PRESIDENCY
BiH PRESIDENCY MEETS TODAY
SARAJEVO, September 8 (FENA) – The BiH Presidency
will hold a session in Sarajevo today.
The
proposal for appointing BiH representatives to the International Civil Aviation
Organisation (ICAO) and the proposal for giving approval for the appointment of
British and Israeli Ambassadors will be on the agenda.
The
BiH Presidency will also discuss the report on the implementation of the BiH
Budget in 2003, the report on BiH internal debt and the request of the BiH
National Monuments Commission.
The
Presidency is also expected to adopt the framework agreement between BiH and
the EU on general principles for the participation of BiH in the Community
Program, as well as the program of cooperation in the field of education,
science and culture between the Russian Government and the BiH Council of
Ministers.
(Fena)
jc
----------------------------
FSA6449:
08.09.2004 03:09
BIHAMK
- ROADS
ROAD
REPORT
Work
on disassembling a bridge along the M-4 Doboj-Tuzla road is underway causing
brief interruptions. During these interruptions traffic is redirected to detour
roads.
Repair
work is also underway along Doljani-Mostar-Jablanica, Lasva-Zenica,
Modrica-Bosanski Samac, Izacic-Bihac, Kljuc-Jajce-Donji Vakuf, Banja
Luka-Klasnice, Derventa-Seslije and Dobro Polje-Miljevina roads.
There
are no major delays at any of the border crossings.
In
Sarajevo
(Fena)
jc
----------------------------
FSA6454:
08.09.2004 03:24
FOCA-SNSD
DODIK:
RS ENDANGERED BY BAD POLICY AND CRIME
FOCA,
September 8 (FENA) – RS Alliance of Independent Social-Democrats (SNSD)
President Milorad Dodik thinks that the RS is endangered by bad policy and
criminal activities conducted under the protection of current authorities.
At
an election rally held in Foca last night Dodik spoke about the RS Auditor’s
report on various abuses and crime and stressed that the RS Elektroprivreda
embezzled 167 million KM.
“The
Buk Bijela hydropower plant could have been built three times by now, but those
from Telekom Srpske stole 63 million KM from us. We have learned from Auditor
Bosko Ceko several days ago that 18 million KM have also gone missing in the RS
Ministry of Interior and we are only about to hear what was stolen in Srpske
Sume”, Dodik said.
He
expressed confidence that changes would come about at the next elections.
Dodik
stressed that not much attention should be given BiH Presidency Chair Sulejman
Tihic’s attacks on the RS and added that he poses no real threat to the RS.
(Fena)
jc
----------------------------
FSA6459:
08.09.2004 03:33
PARLIAMENT
BiH-HOUSE OF REPRESENTATIVES
BiH
HOUSE OF REPRESENTATIVES RECEIVES LETTER FROM INDIRECT TAXATION ADMINISTRATION
Indirect
Taxation Administration Steering Board stated in the letter that the VAT
adopted by the House of Representatives’ Finance and Budget Commission, which
introduces the combination of a higher rate of 18 percent and a lower rate of 8
percent for certain products, as well as the broad use of a 0 rate, would
reduce revenue and cause damage to social programs.
“The
only project that can efficiently remove tax fraud and evasion in BiH is the
introduction of VAT. However, advantages of VAT reform will be undermined if
more that one rate is introduced because management will be made more difficult
and chances for fraud and tax evasion increased”, was stated in the letter.
(Fena)
jc
----------------------------
FSA6462:
08.09.2004 03:49
FBiH
MINISTRY OF FINANCE - VAT
VRANKIC:
VAT CANNOT RESOLVE SOCIAL PROBLEMS
Following
debates and initiatives for introducing several VAT rates, which are
increasingly getting a political dimension and becoming a cheap method in the
election campaign, Vrankic explained in a statement to FENA why he supports a
uniform VAT rate.
Vrankic
said that as a member of the Indirect Taxation Administration Steering Board,
which proposed the legislation for a uniform VAT rate, he continues to strongly
support this initiative.
He
thinks that tax policy should not be expected to resolve social problems
because “a reduced rate does not represent an efficient method for helping
individuals and families with low income, while on the other hand the
introduction of several reduced rates only makes the entire process more
complicated and increases the cost of implementing and regularly paying taxes”.
Vrankic
warns that the use of reduced rates also causes difficulties in definition and
correct classification, which represents a problem both for taxpayers and tax
collectors.
-
If 80 percent of EU member states decided to introduce a uniform rate, and
these are all countries with highly developed tax administrations, then I think
that BiH does not have much of an alternative to introducing a uniform VAT
rate. Considering all the complexity of the system in the country and the fact
that the process of establishing the Indirect Taxation Administration at the
BiH level has only begun we need a functional tax system, which will ensure an
efficient collection of taxes, while citizens in the most difficult situation
will be taken care of through social programs, Minister Vrankic said.
(Fena)
jc
----------------------------
FSA6465:
08.09.2004 03:53
FBiH
GOVERNMENT - SESSION
FBiH
GOVERNMENT MEETS TOMORROW
The
FBiH Government is also planned to discuss the five-year plan of the “FBiH
Railways” and the program of activities of the FBiH Commission on Missing
Persons.
The
decision on internal redistribution of budget funds to certain ministries and
institutions is also on the agenda.
(Fena)
jc
----------------------------
FSA6467:
08.09.2004 04:03
BiH
PARLIAMENT - VAT
BiH
HOUSE OF REPRESENTATIVES ADOPTS THREE VAT RATES
This
means that instead of a uniform tax rate of 17 percent three rates will be
introduced – a standard, reduced and a 0 rate.
The
Commission proposed that the standard rate be set at 18 percent, while the
reduced rate of 8 percent and the 0 rate be used for food products, medicine
and books. However, the height of the rates has not been finally defined. 15
days have been given for proposing new amendments after which the final rates
will be set.
In
the meantime the Finance and Budget Commission should meet representatives of
the BiH Council of Ministers, Indirect Taxation Administration Steering Board
and interested association.
The
Indirect Taxation Administration Steering Board sent a letter to the BiH House
of Representatives today urging representatives to adopt a uniform VAT rate of
17 percent.
(Fena)
jc
----------------------------
FSA6468:
08.09.2004 04:09
METEOBiH-WEATHER
WEATHER
FORECAST
It
will remain sunny tomorrow as well. Morning temperatures are expected between 6
and 18 and between 17 and 26 during the day.
After
a cool morning Sarajevo
(Fena)
jc
----------------------------
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