ZAGREB, April 6 (Hina) - The increase in Value Added Tax has had a disastrous effect in the hospitality sector in the first quarter of the year, which is evident in lower turnover and profits, a fall in the value of the establishments and a stop to credit lines for the hospitality sector, and this could have a negative effect on tourism in the coming years too, hospitality workers warned on Thursday.
Hospitality workers claim increased VAT has devastating results
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