prikaz prve stranice dokumenta Impact of personal income tax changes on citizens’ tax burden
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Impact of personal income tax changes on citizens’ tax burden
Newsletter : an occasional publication of the Institute of Public Finance, 14 (2012), 68; 1-5. https://doi.org/10.3326/nle.2012.68
Bezeredi, Slavko

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Bezeredi, S. (2012). Impact of personal income tax changes on citizens’ tax burden. Newsletter : an occasional publication of the Institute of Public Finance, 14. (68), 1-5. doi: 10.3326/nle.2012.68

Bezeredi, Slavko. "Impact of personal income tax changes on citizens’ tax burden." Newsletter : an occasional publication of the Institute of Public Finance, vol. 14, no. 68, 2012, pp. 1-5. https://doi.org/10.3326/nle.2012.68

Bezeredi, Slavko. "Impact of personal income tax changes on citizens’ tax burden." Newsletter : an occasional publication of the Institute of Public Finance 14, no. 68 (2012): 1-5. https://doi.org/10.3326/nle.2012.68

Bezeredi, S. (2012) 'Impact of personal income tax changes on citizens’ tax burden', Newsletter : an occasional publication of the Institute of Public Finance, 14(68), pp. 1-5. doi: 10.3326/nle.2012.68

Bezeredi S. Impact of personal income tax changes on citizens’ tax burden. Newsletter : an occasional publication of the Institute of Public Finance [Internet]. 2012 May 12 [cited 2024 November 12];14(68):1-5. doi: 10.3326/nle.2012.68

S. Bezeredi, "Impact of personal income tax changes on citizens’ tax burden", Newsletter : an occasional publication of the Institute of Public Finance, vol. 14, no. 68, pp. 1-5, May 2012. [Online]. Available at: https://urn.nsk.hr/urn:nbn:hr:242:879458. [Accessed: 12 November 2024]

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Metadata
Title (english)Impact of personal income tax changes on citizens’ tax burden
AuthorSlavko Bezeredi
Author's institutionInstitute of Public Finance
Scientific / art field,
discipline and subdiscipline		SOCIAL SCIENCES
Economics
Abstract (english)
In an eff ort to ensure more equity in personal income taxation, the Croatian Government adopted a new, amended Personal Income Tax Act that entered into force on 1 March 20121 . The new amendments should provide a basis for increasing the net income for lower income categories and reducing the net income for higher income groups2 . As a result of increasing the personal allowances and of changes in tax brackets (Table 1), the general government budget revenues are expected to fall by about HRK 340 million annually, thus increasing the disposable income of households. Moreover, the Government has introduced a new taxable income category, i.e. dividends and profi t sharing proceeds, as well as a tax on the pension supplement, which now becomes part of the pension. It has also introduced the taxation of foreign pensions in the same manner as domestic pensions. The purpose of these measures is to increase tax revenues by about HRK 290 million. The expected consequence of these legislative changes is a reduction in tax revenues by about HRK 50 million. The following analysis will try to establish whether these changes will meet Government expectations and who the winners and losers are in the new tax scheme.
Languageenglish
Publication typeOther - Popular paper
Publication statusPublished
Peer reviewPeer review
Publication versionPublished version
Journal titleNewsletter : an occasional publication of the Institute of Public Finance
Numberingvol. 14, no. 68, pp. 1-5
e-ISSN1333-4417
DOIhttps://doi.org/10.3326/nle.2012.68
URN:NBNurn:nbn:hr:242:879458
Publication2012-05-12
Type of resourceText
Access conditionsOpen access
Terms of useLicence Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) icon
Created on2021-09-03 10:23:34