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VAT on OTC drugs to be lowered to 5%, tax-free bonus amount to rise to HRK 7,500

Author: Marija Šestan

ZAGREB, Nov 9 (Hina) - The government on Friday sent to the parliament a set of nine final bills on taxation envisaging amendments to the Value Added Tax legislation, including a lower, 5% rate on prescription drugs as well as on over-the-counter drugs, and a rise in the tax-free amount of annual bonuses for employees from HRK 2,500 to HRK 7,500.

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