Bosnia's Federation tax revenue up 9.2% y/y in Jan-May

Personal income tax revenue amounted to 319.6 million marka, whereas revenue from social contributions totalled 2.2 billion marka in the January-May period, the entity's tax administration said in a statement.

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)