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Bosnia's indirect tax revenue up 12.4% y/y in Jan-Apr

May 9, 2024, 9:55:28 AMArticle by Dragana Petrushevska
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May 9 (SeeNews) - Total indirect tax revenue in Bosnia and Herzegovina rose 12.42% year-on-year to 3.6 billion marka ($2 billion/1.8 billion euro) in the first four months of 2024, the country's indirect taxation authority said.

Bosnia's indirect tax revenue up 12.4% y/y in Jan-Apr
Source: Pixabay.com

The net revenue from indirect taxes after VAT refunds amounted to 2.9 billion marka in the first four months of the year, up by 422 million marka compared with the same period a year earlier, the indirect taxation authority said in a statement on Wednesday.

The net revenue was distributed between the state-level government, the governments of Bosnia's two constituent entities - the Federation and the Serb Republic, and Brcko district.

Additionally, the Federation received 70.3 million marka, the Serb Republic 46.5 million marka and Brcko 2.3 million marka from special toll revenue for the construction and reconstruction of motorways and roads.

(1 euro = 1.956 marka)

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