ITA BiH allocates collected revenues to the entities and Brčko District

BANJA LUKA, July 16 (FENA) - The BiH Indirect Taxation Authority (ITA) today has allocated the revenues collected from the special excise tax for the construction of motorways and for construction and reconstruction of other roads in BiH.

The distribution of revenues was made in accordance with the interim decision, adopted at the last session of the Board of Directors of the ITA.

Out of the total available funds in the amount of 153,907,171.50, KM, ten percent of the funds (15,390,717.11 KM) have been reserved as a settlement reserve when the Governing Board adopts the final act for the distribution of the said funds.

The ITA reminds that the rest of the funds, in the total amount of 138,516,453.94 KM have been allocated in the manner defined by the decision, to the Federation of BiH 59 percent (81,724,707.83 KM), to RS 39 percent (54,021,417.04 KM) , and to Brčko District 2 percent (2,770,329.07 KM).

(FENA) S. R.

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