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MINISTER: GOVERNMENT WILL INTRODUCE TAX RELIEF FOR FLAT PURCHASE

ZAGREB, Aug 26 (Hina) - Croatian Public Works, Reconstruction and Construction Minister Radimir Cacic said on Monday that the government would certainly introduce income tax relief for the payment of interest for flat purchase, as well as tax relief for accommodation renting.
ZAGREB, Aug 26 (Hina) - Croatian Public Works, Reconstruction and Construction Minister Radimir Cacic said on Monday that the government would certainly introduce income tax relief for the payment of interest for flat purchase, as well as tax relief for accommodation renting. #L# Finance Minister Mato Crkvenac announced the tax relief last week. Cacic said he was surprised that the announcement had received extreme media attention, bombastic articles which stated that the ministry he was at the helm of, had been since October 2000 requesting of the finance ministry to initiate amendments to existing laws which would provide such tax relief. He added that the second such request had been made in November 2001, and the third this July. Cacic said he did not know whether the government would adopt everything his ministry had suggested, because definite agreements had not yet been reached. (hina) lml

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