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LOWER HOUSE DISCUSSES AMENDMENTS TO LAW ON VAT

ZAGREB, Sept 30 (Hina) - The Croatian National Parliament House of Representatives on Thursday continued its session with a discussion on the ruling Croatian Democratic Union's (HDZ) and Social Democratic Party's (SDP) drafts on amendments to the Law on Value Added Tax. HDZ MPs described the SDP's draft as unrealistic and frivolous. They described their own draft, however, as realistic, socially justified and simple to apply. Hailing any tax relief, the Opposition responded to the HDZ by describing their draft as a pre-election trick which will neither help the fallen economy nor the poorer sections of the society. The Opposition sees the only solution as being radical changes of the tax system and a decrease in the unified VAT rate. In the course of the exhaustive discussion, MPs described as good the motion by the Committee for Economy, Development and Reconstruction, on the establishment of a consumer support com
ZAGREB, Sept 30 (Hina) - The Croatian National Parliament House of Representatives on Thursday continued its session with a discussion on the ruling Croatian Democratic Union's (HDZ) and Social Democratic Party's (SDP) drafts on amendments to the Law on Value Added Tax. HDZ MPs described the SDP's draft as unrealistic and frivolous. They described their own draft, however, as realistic, socially justified and simple to apply. Hailing any tax relief, the Opposition responded to the HDZ by describing their draft as a pre-election trick which will neither help the fallen economy nor the poorer sections of the society. The Opposition sees the only solution as being radical changes of the tax system and a decrease in the unified VAT rate. In the course of the exhaustive discussion, MPs described as good the motion by the Committee for Economy, Development and Reconstruction, on the establishment of a consumer support commission so the "trade lobby" would not eliminate the positive effects of introducing a 'zero VAT rate' on bread, medicines and books. MPs also endorsed a motion by the Labour, Social Policy and Health Committee that the zero rate should be expanded onto medicinal and orthopaedic aids. (hina) lml jn

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