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Vrdoljak: Tax on assets not a problem once growth is achieved

Autor: half
SISAK, Nov 12 (Hina) - Economy Minister Ivan Vrdoljak said on Tuesday his Croatian People's Party (HNS) would not have a problem with a tax on assets once there was economic growth, adding that the party's position was not formed nor would it change because of the International Monetary Fund.

"If the IMF's growth projections come true next year, we will be able to talk about a tax on assets and not a tax on real estate," he said in response to questions from the press in Sisak.

Vrdoljak said the HNS had never had anything against a tax on assets, which he said was different from real estate tax.

"Our position wasn't formed because of the IMF nor will it be changed because of the IMF. We will wait for economic growth and financial stabilisation, and then think about a tax on assets."

An IMF staff team said yesterday it expected Croatia's real GDP to contract 0.75 per cent this year and make a modest recovery in 2014, warning that recovery-related risks remained high.

(Hina) ha

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