The number of businesses that end the year with blocked accounts, according to the report of the Central Bank of Bosnia and Herzegovina from the beginning of December, is 105,698. This number is 234 accounts higher than the previous month.
Old blocked accounts
According to the latest report of the bank, the total number of companies that have at least one blocked account is 57,799. If we compare the end with the beginning of the year when, as of February 1, 103,816 companies had blocked accounts, and the total number of companies that have at least one blocked account was 56,753, an increase is visible. If we take into account the size of the market, as well as the number of active businesses in Bosnia and Herzegovina, this figure is extremely large, but also intriguing, because it includes blocked accounts that are up to 20 years old.
“At the end of last year, 67,648 taxpayers in the FBiH were in the process of forced collection due to unpaid tax liabilities, which is 10,496 fewer than in 2022,” the FBiH Tax Administration told Forbes BiH earlier this year, adding that during 2023, a total of 173,312,534 BAM of tax debts were collected in forced collection procedures.”
Forced collection
Last year, this institution further stated, in forced collection procedures, a total of 52,698 decisions were issued, of which 14,079 decisions on initiating forced collection procedures, 9,863 decisions on collecting tax liabilities from cash funds, 1,750 decisions on suspending payment transactions through taxpayer accounts, 10,635 decisions on collecting from the entire property of a taxpayer, 3,618 decisions on establishing a ban on alienation of property of tax debtors, 795 decisions/requests on establishing a mortgage, etc.
The number of taxpayers whose seized property was sold was 234, and the value of the property sold was 11,081,583 BAM. 379 agreements on deferred payment or payment of debt in installments were concluded with taxpayers, under which 27,310,306.28 BAM was collected, N1 writes.
