Bosnia's Indirect Taxation Authority collects EUR 258.7mn in August 2011.

By bne IntelliNews September 5, 2011
Bosnia's Indirect Taxation Authority (ITA) has collected BAM 506mn (EUR 258.7mn) in indirect taxes in August, an amount which is flat y/y, ONASA news agency reported. The indirect taxes collected by ITA include VAT, excise tax, customs duties as well as tolls. ITA has collected BAM 3.81bn in Jan-Aug, an amount which is 7.2% higher y/y. Over this period, VAT refunds totaled BAM 579mn. Thus, users of revenues from the single ITA account received BAM 3.23bn in Jan-Aug, an amount 5% higher y/y. The allocations have been as follows: state level institutions received BAM 455mn; Federation BiH received BAM 1.72bn and BAM 45mn from tolls; the Serb Republic received BAM 875mn and BAM 30mn from tolls; and Brcko District received BAM 96mn and BAM 1.5mn from tolls.

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