
The FBiH Government adopted today a Decision on the distribution of funds from the turnover of the Lottery of Bosnia and Herzegovina for 2014. As an advance payment of the due revenue for 2014, the Lottery of BiH will pay 4,498,725 KM into the Budget of the Federation of BiH, from the funds of the turnover for 2014, after deducting the prize fund and tax obligations, reports the Bosnian news agency Patria.
During 2014, these funds will be paid by the Lottery of Bosnia and Herzegovina weekly in advance to the deposit account of the Budget of the Federation of BiH, in the amount of 86,513.94 KM, i.e., in a total amount of 4,498,725.00 KM.
The final calculation will be made upon the adoption of the annual account for 2014, as well as the payment of any difference between the advance amount and the amount representing 15 percent of the turnover achieved in 2014, after deducting the prize fund and tax obligations.
The Federal Government also adopted today the Report on operations with the annual account of the Lottery of BiH for 2013. In this regard, it ordered the Lottery to pay 217,569.94 KM within 30 days as the difference in funds according to the final calculation for 2013.
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