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Bosnia's Federation tax revenue rises 7.7% y/y in H1

Jul 10, 2024, 11:37:12 AMArticle by Dragana Petrushevska
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July 10 (SeeNews) - The tax administration of Bosnia's Federation said it collected 3.9 billion marka ($2.2 billion/2 billion euro) in taxes in the first half of the year, up 7.68% year-on-year.

Bosnia's Federation tax revenue rises 7.7% y/y in H1
Source: Pixabay.com

Personal income tax revenue amounted to 380.5 million marka, whereas revenue from social contributions totalled 2.7 billion marka in the January-June period, the entity's tax administration said in a statement on Tuesday.

In 2023, the tax administration of the Federation collected 7.3 billion marka in taxes, up 14.77% year-on-year.

The Federation is one of two entities that form Bosnia and Herzegovina. The other one is the Serb Republic.

(1 euro = 1.956 marka)

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