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PARLIAMENT RESUMES DEBATE ON INVESTMENT STIMULATION BILL

ZAGREB, Sept 20 (Hina) - The Croatian parliament on Friday resumed a debate on a bill on investment stimulation, which was interrupted yesterday after benches requested to be briefed about a Hague war crimes tribunal indictment against retired Gen. Janko Bobetko.
ZAGREB, Sept 20 (Hina) - The Croatian parliament on Friday resumed a debate on a bill on investment stimulation, which was interrupted yesterday after benches requested to be briefed about a Hague war crimes tribunal indictment against retired Gen. Janko Bobetko. #L# The enactment of this bill should encourage the development of the manufacturing industry, tourism and research. The new law should stimulate investments aimed at the enhancement of the country's capacities through the introduction of new technology and investment into long-term assets. The new law makes a distinction between Croatian and foreign investors. The lowest value of the investment, which might be covered by stimulating measures, was lowered to two million kuna (274,000 euros), and the tax basis rather than tax rates would be decreased. Also today, the parliament endorsed a bill on free zones and free warehouses. (hina) ha

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