BUSINESS

Analysis: Increase in Revenues from Indirect Taxes

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In the first two months of this year, revenues from indirect taxes amounted to 992 million BAM, showing an increase of 21 million BAM or 2.17 percent compared to the same period last year, announced the Indirect Taxation Authority.

“After the completion of VAT refunds to taxpayers which amounted to 192 million BAM in the first two months of this year, revenues that have gone to the distribution of BiH, entities and Brcko District, amounted to KM 800 million BAM” adds ITA.

For financing of the institutions at the state level, in the first two months 120 million BAM is allocated. Namely, Federation of Bosnia and BiH was given 432 million BAM, Republika Srpska 221 million BAM and Brcko district 24 million BAM.

(Source: klix)

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