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Tourism and hospitality say decision to increase VAT rate detrimental

Autor: itom
ZAGREB, Nov 14 (Hina) - The tourism and hospitality industry said on Thursday that raising an intermediate VAT rate from 10% to 13% as of 1 January 2014 was a very bad decision, notably when it came to investments in and the competitiveness of Croatia's tourism in relation to the Mediterranean and Europe where this rate is significantly lower, often below 10%.

(Hina) its

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