Sunday, January 20, 2008

BOSNIAN TAX ADMINISTRATION PLANS TO COLLECT 4,83 BILLION BOSNIAN MARKS IN 2008

SARAJEVO, Bosnia (January 20,2008) - The Bosnian Indirect Taxation Authority plans to collect 4.83 billion Bosnian Marks, net, in 2008, which would be by 165 million Bosnian Marks more than it collected in the previous year, its spokesman announced.

The revenue forecast is seen as highly ambitious, especially since lower revenues are expected from taxes. According to the same source, the Bosnian Indirect Taxation Authority collected 250 million Bosnian Marks from indirect taxes (VAT, import tariffs, excises and tolls) in the first 17 days of 2008.

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