Zdravko Maric Announces Major Reforms, First Systematic Tax Debt Write-Off

Lauren Simmonds

Finance Minister Zdravko Maric has no doubt been plagued with questions about much needed reforms over the last few years, and even more so as Croatia prepares to eventually adopt the euro as its official currency and as such become a full Eurozone member. But, when will those reforms actually happen?

As Poslovni Dnevnik writes on the 18th of July, 2020, the Minister of Finance, Zdravko Maric, revealed that the reform priorities of this new Government headed by Andrej Plenkovic will involve the reform of the administration, as well as the reform of healthcare, for which, as Zdravko Maric says, the financial situation is unsustainable in its current form.

For the last weekend of July, Minister Zdravko Maric announced the first systematic write-off of tax debts, Jutarnji list reports.

“On Monday, we’ll receive the data from Croatia’s taxpayers for June. More than 90,000 taxpayers have asked for a tax deferral, so, we’ll have a look at the numbers. If you have a drop in income of more than 50 percent in April, May, and June compared to the same period last year, you’ll have the option to write off part or all of your tax liabilities either in full or in part. Anyone who has had a 20-50 percent drop will have the option of partial installment payments.

Over the last weekend of July, we’re going to conduct the first systemic debt write-off. Of the 90,000 taxpayers who sought a deferral (excluding data for June), about 7,000 of them had a drop of less than 20 percent and as such, they were disqualified for a new deferral. They have already received it and the Tax Administration, as they say, will not immediately be on their backs over that. Such people will have the option of installment payments according to the criteria that existed before the coronavirus pandemic hit,” Zdravko Maric explained to Jutarnji list.

For more on Croatian reforms, follow our politics section.


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