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: Entities agreed on Distribution of 165 million BAM collected by Increased Excises
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 > OUR FINDINGS > OTHER NEWS > Entities agreed on Distribution of 165 million BAM collected by Increased Excises
OTHER NEWS

Entities agreed on Distribution of 165 million BAM collected by Increased Excises

Published July 11, 2018
Share
SHARE

Yesterday at the session held in Banja Luka, the Board of Indirect Taxation Authority of BiH (ITA BIH) made a temporary decision on distribution of revenues from road tolls, i.e. from excises on fuel.

Concluding with today, a total of 165 million BAM will be distributed so that the FBiH will receive 59 % of this amount, 39 % will be given to the RS and Brcko District will receive 2 %. That is the old ratio of distribution, despite the fact that the FBiH asked for larger percentage of collected revenues.

These funds are distributed from special sub-account of Unique account of revenues obtained since February 1, 2018. The amendment of the Law on Excise Duties is in use since that date, and tolls in the amount of 0.25 BAM per liter of fuel sold on the market of BiH is collected on special sub-account.

These are funds dedicated to the construction of highways and construction and reconstruction of other roads in BiH.

Moreover, the amendments to the Law on Excise Duties, which should introduce moratorium on further increase of excise on cigarettes in the next three years, were supported at the session in Banja Luka as well, and the Council of Ministers BiH will further decide on that.

According to current legal provisions, it is prescribed that excises on tobacco are increased every year, minimally 0.15 BAM per pack of cigarettes.

During the discussion, it was emphasized that conditions for entity companies to continue with the construction of highways and fulfilling their needs towards creditors will be created with distribution of dedicated funds from road tolls.

The Board of ITA BiH did not give positive opinion on the Proposal of amendments to the Law on Excise Duties, which is related to the decrease of excises on fuel, and which is in the process of proposal of three representatives of the House of Representatives of the Parliamentary Assembly of BiH.

(Source: S. H./Klix.ba)

 

Sarajevo Airport comments on the Flights Cancellation due to Snow

Municipality and Health Care Center Deny Unverified Claims about Lead Exposure in Vares

President Pahor painted Home of a returnee Family in Srebrenica

Mostar: Tenth Anniversary of the Opening of Renovated Old Bridge

Five Couples got Married on Fortress in Travnik

TAGGED:#entities#funds#revenuesBrcko Districtthe FBiHthe Law on Excise Dutiesthe RS
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 Hotel “Mostar Marriott” to be opened in March 2019?
Next Article Residents of Croatian City of Osijek lit 8372 Candles for Srebrenica Victims
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

Protests scheduled for Today at Noon in front of the National Museum
February 16, 2026
Bosnia and Herzegovina Among the Worst in Europe for Corruption Perception
February 16, 2026
Muzaferija concluded her Olympic Performance and sent an important Message to State Institutions
February 16, 2026
Russia harshly criticized the ‘false’ Claims that Navalny was poisoned
February 16, 2026
EU and its Member States provide specialized Equipment to the BiH Border Police
February 16, 2026
Five Persons, including Minors, detained by the Police during Protests
February 16, 2026
The Citizens’ Assembly of Bosnia and Herzegovina Process Begins
February 16, 2026
Nihad Uk resigned from the Position of Prime Minister of Sarajevo Canton
February 15, 2026
Cantonal Court refuses to Order One Month Detention to Tram Driver
February 15, 2026
Third Protests in Sarajevo after Tram Accident
February 15, 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?