ZAGREB, Dec 13 (Hina) - The Croatian parliament's House of Representatives on Wednesday morning resumed a discussion on amendments to the draft budget for 2001. The beginning of the debate was delayed for half an hour as there was a
lack of quorum. Therefore this morning's session commenced with a discussion on amendments to the act on the special tax on vehicles (the so-called excise tax on cars). Finance Minister Mato Crkvenac expounded an increase in the excise duties and said the highest climb would be in taxes on second-hand cars with the engine power greater than 1600 cubic centimetres. According to him, this will stimulate potential buyers to import smaller brand-new rather than bigger second-hand cars. With this increase, Croatia will still have the lowest excise tax on cars in comparison to neighbouring countries, while the means provided from the rise will represent an important inflow of money
ZAGREB, Dec 13 (Hina) - The Croatian parliament's House of
Representatives on Wednesday morning resumed a discussion on
amendments to the draft budget for 2001.
The beginning of the debate was delayed for half an hour as there was
a lack of quorum. Therefore this morning's session commenced with a
discussion on amendments to the act on the special tax on vehicles
(the so-called excise tax on cars).
Finance Minister Mato Crkvenac expounded an increase in the excise
duties and said the highest climb would be in taxes on second-hand
cars with the engine power greater than 1600 cubic centimetres.
According to him, this will stimulate potential buyers to import
smaller brand-new rather than bigger second-hand cars.
With this increase, Croatia will still have the lowest excise tax on
cars in comparison to neighbouring countries, while the means
provided from the rise will represent an important inflow of money
in the state budget, Crkvenac added.
There was no individual discussion on this motion and the draft
amendments were passed after the sufficient number of MPs came in
the Sabor Hall to vote on the item.
The House of Representatives proceeded with the debate and voting
on over 300 amendments to the 2001 budget worth 49.67 billion kuna
($5.6 billion). So far the lower house has discussed 180
amendments.
(hina) ms