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Sep 15, 2023 13:47 EEST
September 15 (SeeNews) - The tax administration of Bosnia and Herzegovina's Serb Republic said on Friday it collected 2.387 billion marka ($1.3 billion/1.2 billion euro) in taxes in the first eight months of 2023, up 15% compared to the same period a year earlier.
Revenue from direct taxes reached 547.09 million marka in the first eight months of the year, up 17% year-on-year, the entity's tax office said in a statement.
Revenue from contributions increased to 1.475 billion marka in January-August, up by 198.64 million marka compared with the previous year. Other public revenue came in at 365.10 million marka, some 37.30 million marka more than in January-August 2022.
In August alone, the Serb Republic collected 302.04 million marka in taxes, up 7% compared with the same month a year earlier.
The Serb Republic is one of two entities that form Bosnia and Herzegovina. The other one is the Federation.
(1 euro = 1.95583 marka)
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