Indirect tax revenue growth, 644 million KM collected in April

SARAJEVO, (Patria) - For the first time since the outbreak of the crisis caused by the Covid 19 virus pandemic, indirect tax revenues are showing growth. In the first four months of 2021, revenues from VAT, excise duties, customs duties, and road tolls amounted to 2 billion and 467 million KM, which is 74 million KM or 3.10% more compared to the same period in 2020, when they amounted to 2 billion and 393 million KM. The month of April brought a significant increase in indirect tax revenues.

In the first four months of 2021, the Indirect Taxation Authority of Bosnia and Herzegovina (UIO) returned 468 million KM to the economy, which is 39 million KM more compared to the same period last year.

Net collected revenues distributed to beneficiaries in the first four months of 2021, which include the state, entities, and Brčko District, amounted to 1 billion and 999 million KM, and are 35 million KM higher compared to the revenues received by beneficiaries from the Single Account in the same period of 2020.

REVENUES COLLECTED IN APRIL 2021

In April 2021, 644 million KM of indirect taxes were collected, which is 133 million KM more compared to April 2020.

REVENUE DISTRIBUTION FOR THE PERIOD JANUARY-APRIL 2021

An amount of 256 million KM was allocated for financing state institutions in the first four months of 2021.