The study of the VAT rate in tourism predicts 41% less investments and 71% less new employees by 2021.

With the currently valid VAT rates, only minor positive effects on fiscal revenues are possible, while in the long term a smaller number of sectoral investments can be expected...

Author  Goran Rihelj

February 9, 2018.
With the currently valid VAT rates, only minor positive effects on fiscal revenues are possible, while in the long term, a lower number of sector investments, a decrease in the number of new employees, lower gross added value and fewer quality accommodation units can be expected, is the conclusion of the analysis of the impact of the VAT rate on the competitiveness of organized accommodation and hospitality in Croatia, HGK points out. Analysis of the...
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Author  Goran Rihelj

February 9, 2018.