Flat Tax - The Case for Tax Reform in Croatia
Dear friends and partners of the Adriatic Institute for Public Policy,
A new book titled, "Flat Tax - The Case for Tax Reform in Croatia"co-authored by Natasha Srdoc, MBA and Joel Anand Samy will be released by Zagreb based publisher IBS on November 9, 2005, and followed by a book tour covering key cities in Croatia. The custom designed book for Croatia includes a "Flat Tax Simulation" based on the Adriatic Institute's proposed 15% flat tax. The easy-to-read and user-friendly guide on the flat tax is intended for Croatia's taxpayers, business, media and political leaders.
The book's preface was written by Dr. Alvin Rabushka, senior fellow, Hoover Institution and Dr. Daniel Mitchell, senior fellow, Heritage Foundation. Ivan Miklos, Slovakia's deputy prime minister and finance minister made a tremendous contribution by providing a detailed report on Slovakia's tax reform, a review of the flat tax adoption (2004) and accurate and dependable results. Leaders contributing to the book project included John Willman, Chief Leader Writer and Assistant Editor of the Financial Times (UK), Peter Jungen, Venture Capitalist and President of the European Enterprise Institute (Germany), Stan Jakubek, Tax Partner of Ernst and Young (Croatia), Gunther Fehlinger, Chairman of Europeans for Tax Reform (Austria), Dr. Paul Ruebig, MEP, Austria and President of SME Global and Viktor Vresnik, Economic Reporter of Croatia's leading daily, Jutarnji list.
Croatia's Minister of Justice, Vesna Skare Ozbolt's contribution to the book project includes a special report on judicial reform initiatives combating corruption. The Minister of Justice states an encouraging message to consider the flat tax in curbing corruption and reducing the black market.
A "Flat Tax Simulation for Croatia" provides clear evidence that an immediate adoption of a 15% flat tax on personal and corporate income in Croatia will boost economic growth and increase government revenues in just one year's time. Through this simplified and fair tax system, the authors recommend a tax reduction initiative on the high VAT taxation of 22% to 15% over a three-year period of time.
Please find enclosed a PDF copy of the front cover of the "Flat Tax" book written in the Croatian language and custom designed for Croatia's taxpayers.
In this week's edition of business weekly, Lider Press, its chief editor, Miodrag Sajatovic, in a front page editorial began with the following headline: "The flat tax is knocking on PM Sanader's Door." This article is a prelude to a 2 page article that will be published in the business weekly prior to the book launch on the urgency for tax reform in Croatia with a brief overview of how the flat tax will boost the nation's economic growth.
A major grassroots flat tax campaign will continue during the month of November. A PDF format - English version will be made available by mid-November 2005.
For more information about the book, please email: AdriaticIPP@aol.com
or Fax +385-51-626-582.
Adriatic Institute for Public Policy, Croatia's first independent free market think tank is dedicated to advancing and advocating free market reforms based on the values of the rule of law and the protection of property rights. The institute provides pro-growth and principled solutions that promote liberty, economic freedom, free enterprise with an emphasis on economic growth.
Joel Anand Samy
President, World Development and Empowerment
Co-founder, Adriatic Institute and International Leaders Summit
Adriatic Institute - International Leaders Summit
WDE - International Leaders Summit
37736 Starflower Street
P.O. Box 964
Newark, California 94560
T/F: +385-51-626-582 (Rijeka, Croatia)