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Sarajevo Times > Blog > BUSINESS > Analysis: Record Revenues from indirect Taxes in BiH
BUSINESS

Analysis: Record Revenues from indirect Taxes in BiH

Published: February 1, 2022
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Revenues from indirect taxes in January 2022 amounted to 709 million BAM and are higher by 153 million BAM or 27.64 percent compared to January 2021 when they amounted to 556 million BAM.

In January 2022, the Indirect Taxation Authority of BiH, as it was announced, returned 173 million BAM to the economy, which is 59 million BAM more than in January last year.

Net collected revenues that were distributed to users in January 2022, namely the state, entities and the Brcko District, amounted to 536 million BAM and are higher by 94 million BAM compared to the revenues received from the Single Account by users in January 2021.

In January 2022, the amount of 60 million BAM was allocated for the financing of state institutions.
With this distribution, 199 million BAM were allocated to the Federation of BiH in January, 104 million to the Republika Srpska, and 12 million BAM to the Brcko District.

When it comes to the external debt of FBiH, in January 2022 it increased by 4 million BAM compared to January 2021 and amounts to 17 million BAm.

RS’s external debt in January was 11 million BAM, up two million from the same month a year earlier.

“In addition to the allocated revenues, and based on the special toll for the construction of highways and the construction and reconstruction of other roads (0.25 BAM), the Federation of BiH received an additional 18.6 million BAM, Republika Srpska 12.3 million BAM and Brcko District 0.6 million BAM. The difference represents a reserve on a special account for tolls in the amount of 0.25 BAM “, the Indirect Taxation Authority of BiH stated in the press release.

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Who in BiH benefits the most from collected indirect Taxes?
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