Fiscal Decentralization in Croatia : Fiskalna Decentralizacija u Hrvatskoj / World Bank.

Format:

Book

Author/Creator:

World Bank, author, issuing body.

Language:

English

Subjects (All):

Monetary policy.

Croatia.

Physical Description:

1 online resource

Other Title:

Fiscal Decentralization in Croatia

Place of Publication:

Washington, D.C. : The World Bank, 2022.

Summary:

The problems in Croatia's fiscal decentralization system have long been recognized. The fragmented territorial-administrative structure, fiscal decentralization efforts with insufficient fiscal autonomy, inconsistent public service standards, unbalanced sources of revenue, and doubts about the introduction of real estate taxes are just some of the concerns. However, there is often no consensus on the possible ways to address them. Compounding the problem is the fact that the recent and still ongoing tax reform, due to its tax relief element, has created the need to compensate subnational governments for the losses of revenues. The COVID-19 pandemic has increased the significance of these issues as the lockdown measures have had a strong negative impact on the existing revenue sources, such as personal income taxes (PITs), of many local and regional government units (LRGUs).

Notes:

Description based on publisher supplied metadata and other sources.

Publisher Number:

10.1596/38261