In two months of 2017, 992 million BAM collected from indirect taxes

Revenues from indirect taxes in the first two months of 2017 amounted to 992 million BAM and are higher by 21 million BAM or 2.17% compared to the same period in 2016 when they amounted to 971 million BAM.

After VAT refunds to taxpayers, which amounted to 192 million BAM in the first two months of 2017, the revenues distributed to beneficiaries, namely the state, entities, and Brčko District, amounted to 800 million BAM.

REVENUE DISTRIBUTION FOR THE PERIOD JANUARY-FEBRUARY 2017

In the first two months of 2017, an amount of 120 million BAM was distributed for the financing of state institutions.

432 million BAM was distributed to the Federation of BiH, 221 million BAM to Republika Srpska, and 24 million BAM to Brčko District. The difference represents a reserve in a special account for road tolls in the amount of 0.10 BAM.