Croatia recently published a decrease of the standard VAT rate from 25% to 24% as from 1 January 2018. There are also important changes on the VAT rate on restaurants, which will be increased from 13% to 25%. VAT rates have been generally increased across Europe since the start of the economic downturn in 2008. Countries used Value Added Tax as one of their sources of revenue to meet their budget requirements. However, certain countries recently published plans to decrease...
- By Marosa EU VAT
- Published 30/11/2016 17:51