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CRO HOUSE OF REPS STARTS DISCUSSION ON INCOME AND PROFIT TAXES

ZAGREB, May 26 (Hina) - The Croatian National Sabor House of Representatives started it Friday's session by a discussion on a bill of amendments to the law on profit tax and income tax -- the last part of the package of measures for amending the tax system, motioned by the Government. Elaborating the bills of amendments, Deputy Finance Minister Damir Kustrak said the bills would contribute to great changes in the employment policy. Kustrak reiterated measures by which the Government would decrease the cost of labour and contributions on wages. He added this would be the encouragement to the employment. He pointed to measures by which the Government decreased the cost of labour and contributions on wages. In line with this the base for profit tax would be decreased which would enable a company to increase its economic activities and promote the solvency and investments. Amendments to incom
ZAGREB, May 26 (Hina) - The Croatian National Sabor House of Representatives started it Friday's session by a discussion on a bill of amendments to the law on profit tax and income tax -- the last part of the package of measures for amending the tax system, motioned by the Government. Elaborating the bills of amendments, Deputy Finance Minister Damir Kustrak said the bills would contribute to great changes in the employment policy. Kustrak reiterated measures by which the Government would decrease the cost of labour and contributions on wages. He added this would be the encouragement to the employment. He pointed to measures by which the Government decreased the cost of labour and contributions on wages. In line with this the base for profit tax would be decreased which would enable a company to increase its economic activities and promote the solvency and investments. Amendments to income taxes are also the encouragement to employment and the improvement of the financial situation of entrepreneurs. (hina) it mm

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