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Property, Capital Gains and Savings Tax in Croatia from 2016

CroatiaFrom 2016 Croatia will introduce several new taxes as it looks at ways to reduce it’s budget deficit…

Finance Minister Slavko Linić, who has just returned from meetings with EU heads in Brussels, said that in the next two years Croatia can expect the introducing of taxes on real estate, savings and capital gains. Property tax, which has been on the agenda for a while now, is expected to bring in 1.5 billion kuna (200 million EUR) a year, with savings and capital gains tax forecasted to generate more than 50 million EUR annually for the state coffers, reports daily Novi list.

Meanwhile, the government has also reduced its forecast for GDP growth for 2014 , down from 1.3 percent to just 0.2 percent.

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