Indirect tax revenues up by 214 million KM

Patria
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Indirect tax revenues up by 214 million KM

(Patria) - Indirect tax revenues in the first five months of 2021 amounted to 3 billion and 94 million KM, an increase of 214 million KM or 7.44% compared to the same period in 2020 when
they amounted to 2 billion and 880 million KM. In May 2021 alone, 627 million KM of indirect taxes were collected, which is 140 million KM more than in May 2020.

After the Indirect Taxation Authority of Bosnia and Herzegovina (UIO) returned 594 million KM of VAT refunds to the economy, net collected revenues distributed to beneficiaries in the first five months of 2021, namely the state, entities, and Brčko District,
amounted to 2 billion and 500 million KM, an increase of 147 million KM compared to the revenues that beneficiaries received from the Single Account in the same period of 2020.

For the financing of state institutions in the first five months of 2021, an amount of 316 million KM was distributed. The table below shows the total funds distributed to entities and Brčko District of BiH with the corresponding external debt for the first five months of 2021 compared to the same period last
year. All amounts are expressed in millions of KM.

In addition to distributed revenues, based on the special toll for highway construction and the construction and reconstruction of other roads (0.25 KM), the Federation of BiH received an additional 79.5 million KM, Republika Srpska 52.6 million KM, and Brčko District 2.7 million KM. The difference represents a reserve in a special toll account of 0.25 KM.

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