Minister says new taxes on company profits and short-term rentals will help to curb inflation, now running at 5.4 per cent, one of the highest levels in the EU.
The Croatian government has announced changes to corporate tax rates with a new 50% tax on excess gross profit margins. The flat-rate tax on short-term rental properties will also increase, while income tax on pensions will be abolished. The changes are part of a new package of government measures to curb inflation.