Thursday, September 25, 2008

CONFERENCE ON REDUCING TAXES IN BOSNIA HELD IN SARAJEVO

SARAJEVO, Bosnia (September 25,2008) - A group of six NGOs and members of the Bosnian business community organized a conference on reducing taxes in Bosnia.The conference was held in the Bosnian capital Sarajevo yesterday.

Participants of the conference were discussing the need to improve the business environment in Bosnia and advance reforms, especially in the tax system.

High taxes and contributions in combination with an inefficient, complex and time-consuming process of registering a business hinder economic growth, domestic production and the business surrounding in general, it was said.
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