The Tax Administration of the Federation of Bosnia and Herzegovina (FBiH) and the Republika Srpska (RS), entities in Bosnia and Herzegovina (BiH) released data on collected revenues for the first six months of 2017. Both administrations expected growth, but in addition to increasing growth, the Federation of BiH Tax Administration has achieved twice as much revenue than the RS Tax Administration.
In the first six months of 2017, the Tax Administration of FBiH collected 2.4 billion BAM, which is by 251 million KM more than in the first six months of 2016, making an increase of 11.65%.
The RS Tax Administration collected 1.15 billion BAM in the first half of the year, which is for 83 million BAM more, making an increase for 8% more than in the first six months of 2016.
ITA BIH collected of 2,6 billion BAM of the net income during the same period, which is an increase of 5,91%.
(Source: ekapija)