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‘White List’ of Tax Do-Gooders to be Published

CroatiaA ‘black list’ of names of citizens and companies who fail to pay their taxes is something that has already been done in Croatia, but now Croatia’s Minister of Finance says that he will now start publishing the names of those businesses who are fulfilling their duties..

“I plan to publish a ‘white list’ of good business people so that we can start talking about those who meet their obligations regularly,” Boris Lalovac told daily Novi List, adding that publishing the names of businesses could help them when trying to obtain loans at the bank.

Lalovac also announced changes to taxation supervision in the business sector during the interview. The Minister said that uniform interpretations of tax rules would be issued to businesses in writing, and also that new tax inspector practice would come into effect, with inspections only carried out for the current and previous year, expect if there was major tax fraud suspected.

A reduction in the tax rate for the highest tax bracket earners (40% of income) was still being considered by his Ministry he said, with a number of possibilities still mooted.

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