Croatia Plans on Increasing VAT by Three Percent

People ♦ Published: September 27, 2013; 14:28 ♦ (Vindobona)

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…