Doc.dr.sc. Ivan Herak: There is no doubt that maintaining a high VAT rate will result in a decline in investment in the tourism sector
The announcement of the current Minister of Finance that from 1.1.2017. The VAT on the provision of food and beverage services, raised from the current 13% to 25%, has justifiably caused an avalanche of negative reactions from leading people in the hotel and tourism sector, as well as hundreds of small craftsmen. In order to fully understand the dimension of the problem, it is necessary to return to 1.1.1998. year when the application of the Law on Taxation began to ...
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