Bosnia's Indirect Tax Revenue up in the 1st 7 Months
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Total indirect tax revenue in Bosnia and Herzegovina rose 20.35% year-on-year to BAM 5.5 billion (EUR 2.8 billion) in the first seven months of the year, the country's indirect taxation authority said.
The net revenue from indirect taxes after VAT (value added tax) refunds amounted to BAM 4.3 billion in January-July, up by BAM 591 million compared with the same period a year earlier, the indirect taxation authority said in a statement on Monday.
The net revenue was distributed between the state-level government, the governments of Bosnia's two constituent entities - the Federation and the Serb Republic, and Brcko district.
In July alone, indirect tax revenue in the country came in at BAM 827 million, up by BAM 87 million compared to the same month last year.
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