PKS: Reduction of taxes and contributions to speed up growth

The Chamber of Commerce and Industry of Serbia (PKS) is continuing to push for a reduction of the high tax burden on earnings by lowering the pension and disability insurance and health insurance contributions, the PKS said Friday.

23 Avgust 2019 19:11

BELGRADE - The Chamber of Commerce and Industry of Serbia (PKS) is continuing to push for a reduction of the high tax burden on earnings by lowering the pension and disability insurance and health insurance contributions, the PKS said Friday.

This would definitely also create conditions for accelerated economic growth in the country and boost employment, it said.

Other ways of funding the health care system are being discussed in a public-private dialogue, the PKS said, noting that this, too, would lower the burden on earnings.

"A PKS initiative has proposed a successive reduction of taxes and contributions on earnings from 63 pct to 46 pct over the next five years," Bojan Stanic, assistant director of the PKS Sector for Strategic Analyses and Services, told Tanjug.



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