“Green light” also received the addition of leguminous dry vegetables on the list of applications of reduced VAT rate of 13 percent. The main goal of the amendments to the Law on Income Tax is to further reduce the tax burden on labor and entrepreneurship, and further simplify the tax system, by amending the Law on Contributions, two contributions are eliminated – for employment of 1.7 percent, and for occupational health protection of 0.5 percent , but at the same time, the health insurance contribution increases from 15 to 16.5 percent. The tax would be February 2019 Calendar Kalnirnay should come into force on January 1 next year. “Is not one of the amendments coming from the opposition good enough for the ruling party?
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I carefully monitored the finance minister and it could be seen that it was embarrassing for certain amendments to be rejected because it was the rule of this government, “Mladen Bozo Petrov, leader of the ruling party said, SDP president Davor Bernardic has again stated that tax reform has failed to increase salaries to citizens.”
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The Commission will present the results of a detailed review of the report by Member States in February or March 2019. It will then assess whether a corrective mechanism for correcting macroeconomic imbalances should be initiated and based on the assessment of whether the Government’s reform program ambitious enough to correct the imbalance.
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As an example of a positive trend, public debt cuts and improvements net international investment position, which in 2010 was negative at 90 percent of GDP, and in the second quarter of this year was down by 59.8 percent.
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The net international investment position is the ratio of the assets and liabilities the economy has abroad. The Commission concludes in its conclusion that Croatia’s economic indicators point to a still high public debt, although it is declining, and to currency exposure in all sectors of the economy, and that it is extremely important for a permanent correction to raise the growth potential.
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Marusic said that at this point it would be ungrateful to define the direction in which any legal changes would move, because it is a process that involves not only the State Attorney’s Office, but also the courts, the Ministry of Justice, and other institutions as well as the public.
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“It is necessary for this review to go into justice to ensure that the Uskok can work on cases of the most complex forms of perpetration of corruption in the public and private sector as well as the most complex forms of organized crime.
Within these reassessments, the estimated will exist are there really macroeconomic imbalances. Member States for which the imbalance in the previous cycle of macroeconomic imbalances (February 2019 Calendar Kalnirnay) has been established will automatically be covered by a detailed review in 2019 – Bulgaria, Croatia, Cyprus, France, Germany, Ireland, Italy, the Netherlands, Portugal, Spain and Sweden. Greece and Romania will also be subject to detailed scrutiny.