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ZAGREB, July 24
(Hina) - The Croatian Hospitality Employers'
Association (UPUHH) is recommending to the government to reduce the
Value Added Tax (VAT) rate on tourist accommodation from the present
13% to 5% as of January 1, as that would bring 15 billion kuna in new
investments, 11,000 new jobs in the hotel industry and an extra 6
billion kuna for construction workers' wages over the next five
years.
(Hina) vm