June 2 (SeeNews) - Total indirect tax revenue in Bosnia and Herzegovina rose 6.71% year-on-year to nearly 4.1 billion marka ($2.26 billion/2.1 billion euro) in the first five months of 2023, the country's indirect taxation authority said on Friday.
The net revenue from indirect taxes after VAT refunds amounted to 3.2 billion marka in the January-May period, up by 146 million marka compared with the same period a year earlier, the indirect taxation authority said in a statement.
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 81.6 million marka, the Serb Republic 53.9 million marka and Brcko 2.7 million marka from special toll revenue for the construction and reconstruction of motorways and roads.
In May 2023 alone, indirect tax revenue came in at 885 million marka, up by 58 million marka from May 2022.
(1 euro = 1.95583 marka)