Croatian Prime Minister Ivo Sanader has come under fire from the opposition Social Democratic Party (SDP) over Croatia’s high rate of value-added tax rate, which currently stands at 22%.
The SDP is pressing the government to ease Croatia’s tax burden with the country's VAT rate currently one of the highest in Europe.
For his part, the Prime Minister, while welcoming a debate on the issue, has argued that a cut in the rate of VAT would be unlikely to be passed on to consumers through lower prices, which is what the SDP is hoping for.
The SDP wants to see a lower VAT of 10% on cooking oil, children’s food, clothes and diapers, natural gas and electricity. The party believes that such a move would lower the retail price of these products by 8.94%.
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