In the first seven months of 2019, indirect taxes amounted to 4 billion and 558 million BAM and have increased by 292 million BAM or 6.84% compared to the same period in 2018 when they were at 4 billion and 266 million BAM.
After the ITA refunded VAT to taxpayers in BiH in the amount of 882 million BAM, the collected net revenues allocated to users in the first seven months of 2019, the users being the State, the Entities and the Brčko District, amounted to 3 billion and 676 million BAM and are 200 million BAM higher than the revenues received by the users in the same period of 2018 from the Single Account.
ALLOCATION OF REVENUES FOR THE PERIOD OF JANUARY-JULY 2019
An amount of 432 million BAM was allocated for the financing of State institutions in the first seven months of 2019. The Federation of BiH was allocated the amount of 2 billion and 57 million BAM, the Republic of Srpska 1 billion and 48 million BAM and the Brčko District 112 million BAM.