Nezavisne novine: For eleven months this year has the Indirect Taxation Administration (ITA) of BiH collected to the single account five billion and 375 million KM, which is outstanding revenue and it is predicted that the planned annual revenue will be surpassed, has been notified yesterday from the ITA BiH.
From the stated sum, 825 million KM has been returned to the tax payers who have achieved the revenue of the refund of VAT in this year, so the net sum of collected revenues on the single account is four billion and 550 million KM, which is by 7.3% more in relation to the same period last year, when four billion and 240 million KM have been collected from the indirect taxes.
“The plan is that in this year four billion and 830 million KM has been collected from the indirect taxes of the VAT, customs, accises and tolls, but it is obvious that this sum will be surpassed“, has been stated in the announcement and it has been added that the estimate is that by the end of this year, the net revenue to the single account will be five billion KM.
For eleven months this year 615 million KM has been separated from the single account for the Institutions of BiH, two billion and 538 million KM have been directed to the Federation of BiH, a billion and 258 million KM to the RS, and 139 million KM to the District of Brčko.
The Indirect Taxation Administration BiH reminds that the revenues from the single account are being divided in accordance with the Law on Payments to the Single Account and Allocation of Revenues, and in accordance with the Rulebook and decisions of the Management board on coefficients for distribution of revenues