The Steering Committee of the Indirect Taxation Authority of Bosnia and Herzegovina (ITA BiH) yesterday adopted the Decision on temporary coefficients of distribution of funds from the Single Account for the period April/May 2022, according to which 63.01 percent belongs to the Federation of BiH (FBiH),33.44 percent to Republika Srpska (RS), and 3.55 percent to Brcko District BiH.
At yesterday’s session, a decision was adopted which determines the amount of the second temporary settlement of the distribution of the remaining amount of indirect taxes between the FBiH and the RS for 2021, and the manner of its realization.
When it comes to the second temporary settlement of the remaining amount of indirect taxes for 2021, the RS is obliged to pay 9.281.415.35 BAM to the FBiH.
Namely, the Steering Committee members of the ITA BiH yesterday did not adopt the proposal of the Decision on the temporary distribution of part of the revenues from tolls for the construction of motorways and roads because there was no agreement between the entities.
Given that there has been no agreement among the entity governments on this distribution for a long time, the Steering Committee previously adopted a conclusion on the formation of a working group that will offer a decision on the final distribution of toll revenues after all analyzes.
Also, the Steering Committee adopted a decision on the level of the compensatory interest rate, which amounts to 12 percent and refers to the first six months of this year.
The Steering Committee of the ITA BiH yesterday approved the Opinion given on the Proposal of the Decision on the Customs Tariff for 2022. Also, the report on the work of the ITA BiH for 2021 was adopted.
Finally, the Steering Committee took note of the opinion of the Management Board on the amendments to the Law on VAT and the Law on Excise Duties in BiH. The opinion of the ITA BiH has already been submitted to the Parliamentary Assembly of BiH PABiH with all analyzes and assessments related to these laws.