A Successful Appeal by Maric & Co Law Firm
A Successful Appeal by Maric & Co Law Firm
Partner Ezmana Turkovic and senior partner Branko Maric of Maric & Co Law Firm have successfully represented one of the biggest local microcredit foundation in a tax matter before the appellate court.
Based on their appeal, the appellate court has reversed the decision of the lower court and annulled the tax authority’s decision to impose additional tax obligations to the client with penal interest.
This decision of the appellate court is important because it establishes the court’s practice with regards to the taxation of microcredit foundations in Bosnia and Herzegovina’s jurisdiction.
Moreover, such decisions (where the appellate court decides to reverse a case and provide the final directive on solving the matter) are very rare and of a great value from the procedural point of view.
Partner Ezmana Turkovic and senior partner Branko Maric of Maric & Co Law Firm have successfully represented one of the biggest local microcredit foundation in a tax matter before the appellate court.
Based on their appeal, the appellate court has reversed the decision of the lower court and annulled the tax authority’s decision to impose additional tax obligations to the client with penal interest.
This decision of the appellate court is important because it establishes the court’s practice with regards to the taxation of microcredit foundations in Bosnia and Herzegovina’s jurisdiction.
Moreover, such decisions (where the appellate court decides to reverse a case and provide the final directive on solving the matter) are very rare and of a great value from the procedural point of view.
