Bosnia's indirect tax revenue up 7.18% y/y in Jan-Nov

The net revenue from indirect taxes after VAT refunds amounted to 7.7 billion marka in the eleven months through November, up by 557 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 206 million marka, the Serb Republic 136 million marka and Brcko 6.9 million marka from special toll revenue for the construction and reconstruction of motorways and roads.

In November 2023 alone, indirect tax revenue came in at 927 million marka, up by 64 million marka compared with November 2022.

(1 euro = 1.95583 marka)