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.

When will the increased Disability Allowances be paid?
Bosnian Lejla Selimovic redesigns old Furniture into Pieces with Soul
Chinese CRRC to invest in Railways and Roads in BiH?
MONEYVAL took off B&H from the “Gray List“
Growing Russian Interest in BiH Cheeses and Meats Opens New Export Opportunities for Domestic Producers
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

US Military Carries out Strikes in Southern Iran
May 26, 2026
The Banking Sector in Republika Srpska made a Profit of 67.9 Million BAM
May 26, 2026
BiH Presidency Member announces Her Visit to Israel
May 26, 2026
Kalesic: Only Novak Dukic cannot be responsible for the Tuzla Gate Massacre
May 26, 2026
34th Anniversary of the Suffering of Serbian Civilians marked in Bradina
May 25, 2026
BiH National Team ready for the World Cup: We are not afraid of anyone
May 25, 2026
Sarajevo gets more Flights: Eurowings increases Capacity
May 25, 2026
Commemoration of the 31st Anniversary of the War Crime at the Tuzla Gate
May 25, 2026
COM EUFOR Visits Kosovo to Strengthen Regional Cooperation and Security Dialogue
May 25, 2026
Sarajevo Airport and Irish Ambassador Discuss Stronger Sarajevo–Dublin Connectivity
May 25, 2026
Sarajevo TimesSarajevo Times
Follow US
© 2012 Sarajevo Times. All Rights Reserved.
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?