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Bosnia's Federation tax revenue up 15% y/y in Jan-July

Bosnia's Federation tax revenue up 15% y/y in Jan-July Bosnian marka Source: www.vladars.net

SARAJEVO (Bosnia and Herzegovina), August 8 (SeeNews) - The tax administration of Bosnia and Herzegovina's Federation said on Monday it collected 3.7 billion marka ($1.92 billion/1.89 billion euro) in taxes in the first seven months of 2022, up 15% year-on-year.

Personal income tax revenue amounted to 319.3 million marka, while revenue from other income taxes came in at 355.6 million marka in the January-July period, the entity's tax administration said in a statement.

Revenue from social contributions totalled 2.5 billion marka in the first seven months of 2022.

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

(1 euro = 1.95583 marka)

 
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