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INA owes EUR 42m in retrospective tax

ZAGREB, Oct 28 (Hina) - The INA oil and gas company said on Tuesday it received a report on a tax supervision by the Ministry of Finance, determining an additional, retrospective VAT and corporate income tax obligation for 2010 and 2011 in the amount of HRK 319 million, and that "such decisions represent a burden for Croatia's refining industry, and if continued in the future, can have detrimental impact on the operations level of INA's refineries and future investments."

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