By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sarajevo TimesSarajevo TimesSarajevo Times
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Search
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: “Abolishing the Unified indirect Tax System would be economically disastrous for RS“
Share
Font ResizerAa
Sarajevo TimesSarajevo Times
Font ResizerAa
  • HOME
  • POLITICS
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
  • SPORT
  • ARTS
  • W&N
Search
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Follow US
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2012 Sarajevo Times. All rights reserved.
Sarajevo Times > Blog > BUSINESS > “Abolishing the Unified indirect Tax System would be economically disastrous for RS“
BUSINESS

“Abolishing the Unified indirect Tax System would be economically disastrous for RS“

Published August 26, 2025
Share
SHARE

Deputy Minister of Finance and Treasury of Bosnia and Herzegovina, Muhamed Hasanović, stated that the increasingly frequent statements that challenge the constitutional order and the unified system of indirect taxation are dangerous and unfounded, and presented clear data on the functioning of that system.

According to official data from the Indirect Taxation Administration, a total of 11,393,488,043.79 KM was collected in 2024. Of this, the Federation of BiH collected 8,316,108,862.53 KM (72.99 percent), the Republika Srpska 2,870,929,353.63 KM (25.2 percent), and the Brčko District 206,449,827.63 KM (1.81 percent).

Hasanović emphasized that these data confirm that the largest part of revenues is collected in the Federation of BiH, while the distribution of revenues from indirect taxes ensures the financial sustainability of all entities and the Brčko District. He warned that the abolition of the single indirect taxation system would have serious consequences for the stability of the budgets of all levels of government, the payment of salaries in institutions, and overall economic stability.

“Let me be completely clear: the abolition of the single indirect taxation system would be economically disastrous for Republika Srpska. The Federation would benefit in that scenario, but the policy I advocate will never be based on secessionism, destabilization or the destruction of the institutions of Bosnia and Herzegovina,” said Hasanović.

He emphasized that the indirect taxation system must remain indivisible, because it represents the foundation of fiscal stability and equal legal protection for all citizens and economic entities in BiH.

“Instead of serving irresponsible and populist statements to the public, all those who wish Bosnia and Herzegovina well should work on strengthening state institutions and mechanisms that ensure stability, equality and fair distribution of income. This is both a political and economic necessity, and at the same time a legal obligation under the Constitution of Bosnia and Herzegovina,” stated Hasanović, according to a statement from the Office of the Deputy Minister of Finance and Treasury of BiH.

ZEPS Fair opened, the Focus is on Energy, Ecology, Agriculture and IT

Eight BH Companies at the Furniture Fair in Cologne

Trade Union Consumer Basket in BiH amounts to 3,322 BAM

“Volkswagen AG“ to open a Factory in Gorazde?

The Contract of the Project Decent worth 243.000 KM Signed in Cazin

Share This Article
Facebook Whatsapp Whatsapp Telegram Threads Bluesky Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article EU responds to Trump’s Threats
Next Article City of Stolac Files Criminal Charges Over Works on Planned Harem Plot
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Stay Connected

10.2kFollowersLike
10.1kFollowersFollow
414FollowersFollow

Latest News

Iran’s Top Military Commander warns that any US War against Tehran would serve as a ‘lesson’
February 17, 2026
EX-YU Airlines and Airports Open Talks on Launching New Regional Routes
February 17, 2026
The Lights from Thompson’s Stage illuminated the Spread of Hatred and Historical Revisionism
February 17, 2026
Ostoja Stanisic, convicted of Srebrenica Genocide, died in an Accident
February 17, 2026
Highlighted Four Demands of the Demonstrators, New Protest in Sarajevo Today
February 17, 2026
HR Schmidt: No One in Munich supported the Idea of ​​Secession in Bosnia and Herzegovina
February 16, 2026
BiH Defense Minister and Egyptian Ambassador Discuss Finalization of Defense Cooperation Agreement
February 16, 2026
COM EUFOR held a Meeting with French Ambassador to BiH
February 16, 2026
Today’s Protests are over, new ones are scheduled for Tomorrow at 12:00
February 16, 2026
GRAS Director Senad Mujagic resigns
February 16, 2026
Sarajevo TimesSarajevo Times
Follow US
© 2012 Sarajevo Times. All Rights Reserved.
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
Go to mobile version
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?