December 4 (SeeNews) - The tax administration of Bosnia's Federation said on Friday it collected 4.6 billion marka ($2.6 billion/2.2 billion euro) in taxes in the first eleven months of 2020, down 3.2% year-on-year.
Revenue from direct taxes rose 12.1% on the year to 1.35 billion marka in the January-November period, the entity's tax administration said in a statement.
Revenue from social contributions fell 1% on the year to 3.3 billion marka in the eleven months of 2020 due to slightly lower contributions into the state-run pension and health insurance funds.
The Federation is one of two entities that form Bosnia and Herzegovina. The other one is the Serb Republic.
(1 euro = 1.95583 marka)