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Government proposes lower VAT on press

Autor: spez
ZAGREB, May 29 (Hina) - A reduction to 5% in Value Added Tax (VAT) on daily newspapers that on the most part publish authors' articles and to 10% on other newspapers, concert tickets and accommodation in nautical tourism and payment of VAT upon payment upon the receipt of invoice and not upon the invoice's issuance until the end of next year, are just some of the novelties in a VAT bill which the government forwarded to parliamentary procedure on Wednesday.

(Hina) sp

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