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Hotel companies recommend 5% VAT rate on accommodation

Author: vmic
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

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