B&H Indirect Taxation Authority Collected Record Profits in 2013

The Indirect Taxation Authority collected 5 billion 882 million BAM in VAT, excise duties, customs and tolls, which is 10 million BAM more than in comparison to the revenues collected in 2012, and 2,1 million BAM more than in 2013.

In the course of 2013, the Management returned 997 million BAM to the economy in VAT refunds, so that the net income was allocated to beneficiaries, and for the state, entities and Brčko District it amounted to 4 billion 885 million, announced the B&H Indirect Taxation Authority-Department of Communication Banja Luka.

Revenues from indirect taxes collected from 2005, when it began with its work, until 2013 amounted to more than 46 billion BAM.

(Source: Fena)