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Bosnia's Federation tax revenue up 15.4% y/y in Jan-Nov

Dec 6, 2023, 4:14:16 PMArticle by Dragana Petrushevska
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December 6 (SeeNews) - The tax administration of Bosnia's Federation said on Wednesday it collected 6.7 billion marka ($3.7 billion/3.4 billion euro) in taxes in the 11 months through November, up 15.42% year-on-year.

Bosnia's Federation tax revenue up 15.4% y/y in Jan-Nov
Budget, finance

Personal income tax revenue amounted to 621.7 million marka, whereas revenue from social contributions totalled 4.6 billion marka in the January-November period, the entity's tax administration said in a statement.

In 2022, the tax administration of the Federation collected 6.4 billion marka in taxes. up 13.72% compared with a year earlier.

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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