PRAVO NA POVRAT POREZA S OSVRTOM NA MEHANIZME I MODALITETE POVRATA POREZA NA OSOBNI DOHODAK U FEDERACIJI BOSNE I HERCEGOVINE
TAX RETURN RIGHT WITH VIEW ON MECHANISMS AND MODALITIES OF PERSONAL INCOME TAX REFUND IN THE FEDERATION OF BOSNIA AND HERZEGOVINA

Summary/Abstract: Personal Income tax is a subjective tax, suitable for achieving social goals of taxation, a higher degree of fairness in the distribution of the tax burden and reducing the regressiveness of the tax system. The Income Tax Law of the Federation of BiH („Official Gazette of the Federation of BiH’’, number: 10/08, 9/10, 44/11, 7/13 i 65/13) and the Rulebook on the Implementation of the Income Tax Law of the Federation of BiH („Official Gazette of the Federation of BiH’’, number: 48/21, 77/21, 20/22, 57/22, 05/23, 85/23 i 97/23, 36/24, 57/24, 101/24, 11/25, 22/25, 33/25, 43/25 i 60/25), gave the right to refund the paid income tax in the current year for the previous year to resident taxpayers who met the requirements prescribed by the laws and bylaws. The taxpayer right to refund is achieved by submitting report the Annual Income Tax Return Form (GPD-1051) to the competent tax office branch according to the place of residence, by March 31 of the current year for the previous year, with supporting documents. The refund of income tax will be explained from the legislative framework, the conditions for refund, through the submission of the annual return, to the procedure by tax administration. In order to eliminate the most common dilemmas of taxpayers about the cases and conditions under which they can effectuate their right, the procedure from submitting Form GPD-1051 until the moment of payment of the overpaid income tax by the competent cantonal ministry of finance, as the beneficiary of the personal income tax revenues, is described. Analysis of Annual reports of Tax Administration of FBiH for the period 2017-2023. data on realized income tax refunds and refunded amounts in the Federation of BiH were processed

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