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Croatia Plans on Increasing VAT by Three Percent
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Published: September 27, 2013; 14:28 ♦ (Vindobona)
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Croatia eyes increased intermediate VAT from 10 to 13%.
Croatia Plans on Increasing VAT by Three Percent / Picture: © Vindobona.org
With the aim of fiscal consolidation, the Croatian government on Thursday presented a package of 37 reform measures that should reduce the budget deficit by HRK 2 billion and one of these measures includes an increased intermediate Value Added Tax (PDV) rate from 10% to 13% as well as higher excise taxes on tobacco products and fuel, outsourcing facilities in the public and state…
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