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CRKVENAC: MINISTRY WON'T GIVE UP EXTENSION OF CONTRIBUTIONS BASE

ZAGREB, June 19 (Hina) - Finance Minister Mato Crkvenac said on Wednesday the Finance Ministry would not give up its bill extending the base for the payment of compulsory pension and health insurance contributions.
ZAGREB, June 19 (Hina) - Finance Minister Mato Crkvenac said on Wednesday the Finance Ministry would not give up its bill extending the base for the payment of compulsory pension and health insurance contributions. #L# Addressing reporters after today's signing of a contract on a World Bank donation to Croatia, Crkvenac said the ministry was considering some serious objections to the bill, presented during the first parliamentary reading. Should the bill not be forwarded into further parliamentary procedure after all, other solutions will be sought, without revising the budget, he said. Commenting on government conclusions binding some ministries to take concrete measures with regard to the findings of a State Audit's privatisation report, Crkvenac said the ministry was preparing a law on the implementation of the government conclusions. Under the conclusions, the Finance Ministry is obliged to determine the system of taxation for individuals who did not buy real estate in order to continue production and keep jobs, but in order to get hold of property, and then stop the production and lay off workers. The Ministry has also been entrusted with establishing which property the individuals who participated in illegal privatisation dealings had at the start of the privatisation process and what they own today, as well as how they bought the new acquisitions. No measures would be taken against them if the new acquisitions were bought with reported and taxed income. However, if no taxes were paid on the income, this means that the property was acquired through tax fraud, and this will be sanctioned, the minister said. These measures will not refer to all citizens, but only to those for whom it has been established that they acquired wealth without paying taxes, Crkvenac said. (hina) rml

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