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2014 ushers in new intermediate VAT rate, new laws on consumer credit, lenders

Author: mses
ZAGREB, Jan 1 (Hina) - The New Year 2014 ushers in a new, higher value added tax rate of 13% on sugar, edible oil, water supply and tourist services, and it also ushers in a new Consumer Credit Act, new legislation on credit institutions as well as the abolishment of state subsidies on the payment of housing savings, and Croatians will have a new uniform form for the payment of salaries, pensions and extra work.

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