Bosnia's Serb Republic tax revenue up 18% y/y in Jan-Apr

Revenue from direct taxes reached 419.8 million marka in the first four months of the year, up 26% year-on-year, the entity's tax office said in a statement on Friday.

Revenue from contributions increased to 817.7 million marka in January-April, up by 113.5 million marka compared with the previous year. Other public revenue came in at 186.2 million marka, up by 8% compared with January-April 2023.

In April alone, the Serb Republic collected 375.4 million marka in taxes, up 32% 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 = 1.956 marka)