HUB: It is not logical that banks, which do not perform a registered tourist or service activity, are expected to be subject to the Law on Tourist Membership Fees

first_imgWe received the first reactions to the proposal of the new Tourist Membership Act from the Croatian Banking Association (HUB), since according to the proposal of the new Tourist Membership Act, banks should become liable to pay tourist membership fees.The new proposal reduces the number of rates for calculating membership fees from the current 28 to 5 and deletes part of the membership fee: activities such as maritime and coastal transport of goods, operation of sports facilities, computer programming, information services, translation and interpreter services, artistic creation , hairdressing and other beauty treatment.While on the other hand, with the new proposal, banks become liable to pay membership fees in the part for income in the balance sheet from the group “income from fees and commissions” “ In the field research, we noticed that banks directly benefit from tourist traffic, because in July and August they recorded a drastic increase in ATM turnover, and the turnover of cardholders also increased. Given that their income in this segment of business increases significantly during the heart of the tourist year, it was decided to put banks on the list of activities that will pay tourist dues. pointed out the Minister of Tourism Garri Cappelli and added that the goal is a fairer model of coverage of taxpayers as well as the distribution of funds paid from membership fees.HUB: Banks in Croatia already pay the fee based on the income from exchange operations realized in the tourist place, and the new law would also pay the fee based on the total income from fees and commissions.As they point out from HUB until the moment of publication, they did not have information about the details of the new Bill on membership fees in tourist boards or that a new increase in fees for the banking industry is planned. “In principle, we can say that we do not consider it logical that banks, which do not perform a registered tourist or service activity, are expected to be subject to this levy. For a longer period of time, the tax relief of the economy has been discussed, and this Act introduces an additional levy on one branch of the economy. Banks in Croatia already pay the fee on the basis of income from exchange operations realized in a tourist place, and the new law would pay the fee on the basis of total income from fees and commissions. The law clearly implies that the legislator is a person who permanently or seasonally income from the provision of catering services, services in tourism or performing activities directly related to tourism. By extending the base to the total income from fees and commissions of banks, it would unjustifiably burden banks for those activities that are not related to the provision of services related to tourism (such as fees and commissions for credit, guarantee and similar transactions). stand out from the Croatian Association of Banks, which brings together 19 leading Croatian banks, which make up more than 97 percent of the total assets of all Croatian banks.They add that this would drastically increase the base for banks, and thus the total amount that banks pay based on the performance of their core business. According to the first calculations of HUB, the total cost of the tourist membership fee would increase 10-15 times, and consequently the regulatory cost for the banking industry would be significantly higher. As a result, the banking industry would have less room to lower interest margins and make the most favorable offer for its consumers. “Generally speaking, a long-term sustainable approach to stimulating the growth of the entire Croatian economy should primarily go in the direction of creating adequate preconditions and frameworks that will enable even better use of existing potentials of a well-capitalized, liquid and strong banking system, ie financing as many quality and profitable Instead of adopting additional measures and levies that could potentially reduce the overall credit potential of the financial sector, the creation of such an entrepreneurial framework and, consequently, the growth of the real economy will have a positive effect on revenue growth generated by the state. ”  conclude from the Croatian Association of Banks.GET INVOLVED IN THE PUBLIC HEARING / / / Law on Tourist Boards and Promotion of Croatian Tourism, Law on Tourist Tax and Law on Membership Fees in Tourist Boards at Public Hearinglast_img read more

Benchmark shares plummet after 16% NAV fall

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Warner closes on ‘Project Clay’

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Bulldog Indoor State Track State Meet Qualifiers

first_imgResults are finally in and Batesville High School has qualified quite a few events to the indoor state meet which will take place this Saturday at Gladstein Feildhouse on the Indiana University Campus.  Small Schools (1A-3A) will take place after the large school meet and we are schedule to begin our competition at 4pm.Events we have qualified for…3200-Ean LoichingerPole Vault-Stephanie NobbeHigh Jump-Carley PrideShot Put-Katie BedelBoys and Girls 4 x 800 relay, 4 x 400 relay, 4000M DM Relay.THIS IS THE MOST EVER THAT ANYONE CAN REMEMBER TO QUALIFY FROM BHS TO THIS MEET IN ONE YEAR! THIS IS AWESOME! WAY TO GO EVERYONE!!!Courtesy of Bulldogs Coach Lisa Gausman.last_img

Power restored after outage in Greensburg

first_imgGreensburg, IN—Decatur County REMC is back on the grid after experiencing an outage for roughly an hour this morning, affecting a large portion of their service territory north and east of Greensburg.  St. Mary’s and Greensburg schools were included in the power outage. Roughly 400 members were affected in the outage according to Decatur County REMC representatives.It appears that a circuit down from Center substation located on Barachel Lane, but crews were close by to identify the issue quickly.last_img

Coutinho out for weeks after ankle surgery

first_imgRelatedPosts Italy introduces compulsory virus testing for travellers from France Nigeria records new COVID-19 infections, more deaths as figures rise to 57,242 Ighalo: My best moment as ‘Red Devil’ Bayern Munich midfielder Philippe Coutinho underwent minor surgery on his right ankle on Friday and will start his rehabilitation programme in about two weeks.The 27-year-old Brazil international, on loan from Barcelona for one season, could be back fit for the remainder of the Bundesliga campaign, which has been suspended since mid-March due to the coronavirus outbreak. Chelsea are one of the clubs that have been offered the chance to sign on-loan Coutinho from Barcelona.Coutinho’s agent, Kia Joorabchian, this month told Sky Sports News his client would “love” to come back to the Premier League, but questioned what the financial conditions of all clubs would be following the coronavirus pandemic.The Bundesliga is expected to restart some time next month with games played without spectators, though an exact date will likely be decided next week at a government meeting.Bayern is four points clear at the top of the table and in the hunt for a record-extending eighth straight league crown.— Tags: CoronavirusKia JoorabchianPhilippe CoutinhoPremier LeagueSky Sports Newslast_img read more

Irvine seeks solace in City clash

first_imgWest Brom boss Alan Irvine is relying on the Boxing Day visit of Manchester City to wash away the bad taste left by capitulation at QPR. Manuel Pellegrini’s big guns come to the Hawthorns on Friday, nearly a week after Albion’s “extremely galling” 3-2 loss at Loftus Road. Irvine’s side had led 2-0 and were playing well when they somehow let Harry Redknapp’s team turn the game on its head as Charlie Austin’s hat-trick stole all three points. Captain Chris Brunt is in line to return after he was unable to make his comeback from a hamstring injury against QPR last weekend. Victor Anichebe (groin) is still not training but fellow forward Georgios Samaras is back after going home to Greece due to a family matter. Graham Dorrans (calf) and Boaz Myhill (illness) missed training on Tuesday but are expected to be available. Manchester City can equal a club record of nine consecutive victories with success. City have hit form in the past month, with their sequence of eight straight wins carrying them into the Champions League’s last 16 and cutting into Chelsea’s lead at the top of the Barclays Premier League. They trail Chelsea by just three points heading into the Christmas league fixtures having – briefly – been as many as nine behind at one stage last month. Chelsea have responded to the champions’ reinvigorated challenge by winning their last two but, after enduring an indifferent spell in October and November, City clearly have momentum. Manager Manuel Pellegrini said: “We are playing now with the intensity and in style of play we always do. Again we have players in high level of performance and good moments. “We are trusting in what we do so, in the same way maybe we played in a poor way two months ago, we are doing very well.” Victory at The Hawthorns will see City match a feat of winning nine in succession that they have only achieved twice before. The first time was in the old Division Two between December 1909 and February 1910, with the second their much more recent hot streak of autumn 2011. The latter sequence, when City truly asserted themselves in what was to prove their first Premier League title-winning season, most memorably included their 6-1 destruction of Manchester United at Old Trafford. Last season they did win 18 out of 20 games across December and January but the most they won in succession was seven. Their latest strong run was partly sparked by the brilliance of Sergio Aguero – most obviously by his brilliant hat-trick against Bayern Munich last month – but City have been without their star striker for the last three games. The Argentinian is likely to be out another month with his knee injury and Pellegrini, although confident his team can maintain their momentum, acknowledges they need him back soon. He said: “It is enough for me for us just to continue (playing) in the same way – I don’t know if better things will come. “In this moment we are playing in a high level but we always need to return, as soon as we can, Aguero and all the other players that are injured.” City are also without their other senior strikers, Edin Dzeko and Stevan Jovetic. Midfielder James Milner operated as a makeshift centre-forward for last week’s victory over Crystal Palace with David Silva, who scored twice, behind him and that could be repeated. The Scot is relishing the scrap with second-placed City – but particularly so after being left so annoyed by West Brom’s last result. “I’m still desperately disappointed about the QPR result and I need this game to move on completely,” Irvine said. “Overall it was a really good performance last weekend. We deserved to win the game and to come away with nothing at all was extremely galling. “We have to learn from what went wrong but also build on the positives, because there were plenty of them.” Looking ahead to tackling City, he added: “It’s a really good game for us. It’s fantastic to have them coming because obviously they’re a really top team. “A lot was being made of the fact they didn’t have any strikers for the game against Crystal Palace and they won 3-0, so it just goes to show the quality of the players they’ve got. “They’ve got a squad full of players who showed that if you can pass and move and have great awareness and positional sense then you can create chances and score goals. “It’s normal to look for any weaknesses we can find and obviously a team like them do not have many. But hopefully there are a few we can exploit. And obviously we’ll look at their strengths and see what we can do to counteract them. Press Associationlast_img read more

New deal for Odemwingie

first_img The Nigeria international will remain at the Britannia Stadium until the end of the 2015-16 campaign but there is the option of a further 12 months. Odemwingie, who joined the Potters in January 2014, recovered from a serious knee injury which sidelined him for eight months to return to action in April. Stoke striker Peter Odemwingie has been rewarded with a new one-year contract extension. “We’re delighted to that Peter has extended his stay with us at the club until the summer of 2016,” said chief executive Tony Scholes. “He suffered an unfortunate injury last season after making a big impression immediately after joining the club. “Peter has worked incredibly hard to battle back from this to regain full fitness. “He’s a popular figure not just in the dressing room but with club staff and supporters so we are thrilled to keep him on board this season.” Stoke have also appointed John Coates, son of chairman Peter, as vice-chairman because Keith Humphreys is stepping down from his role on the board of directors. “John and I have run the club together since bet365 purchased the club in 2006 and his appointment as vice-chairman serves to formalise his involvement,” said Peter. center_img Press Associationlast_img read more

Martin County deputies make an arrest in killing of elderly couple

first_imgMartin County detectives have made an arrest in the murder of an elderly couple that occurred last month.Martin County Sheriff’s made the announcement via Twitter:MCSO makes arrest in double homicide of elderly Rocky Point couple. Sheriff Snyder to call press conference later this afternoon to release details.— MartinCountySheriff (@MartinFLSheriff) September 9, 2020 Sheriff William Snyder will hold a news conference later in the afternoon.—ORIGINAL STORY—Martin County officials say an elderly couple was found dead inside their home in Martin County on Friday.Detectives are investigating the case as a double homicide.According to reports, a friend of the couple told officials they had not heard from them, and went to go check on them Friday morning. That’s when the bodies were discovered. Deputies arrived to the scene and said they found Donald and Lorraine Smiths’ bodies in a living room with clear signs of trauma.Sheriff William Snyder said the couple’s silver 2007 Lincoln sedan on Jefferson Street in the Golden Gate neighborhood of Stuart. Martin County Sheriff’s OfficeA 2007 silver Lincoln owned by Donald and Lorraine Smith, who were found dead in the Martin County home on Aug. 28, 2020.Officials are still investigating but are seeking the public’s help and is asking if anyone knows or has seen  anyone who was driving the couple’s Lincoln over the last couple of days to notify them.last_img read more

Ellsworth 9-10 softball claims District 1 crown with win over Machias

first_imgELLSWORTH — The Ellsworth 9-10 softball team defeated Machias 13-3 on Friday to complete a dominant tournament run and win the District 1 championship at DeMeyer Field.Ellsworth outscored its opponents 38-8 over three games to win the tournament. The team had beaten Acadian Little League 11-1 on June 29 to begin the tournament and also beat Machias 14-4 on July 1 in what proved to be a preview of the title game.With the victory, Ellsworth qualified for the state championships in Scarborough, which begin this weekend. The team’s first game will be at 3:30 p.m. Saturday, July 15.At the 11-12 level, the Acadian Major League team saw its softball season come to an end Saturday with a 9-1 loss to Scarborough. Acadian finished its season as the District 1 champion and had a 1-2 record in the state tournament.This is placeholder textThis is placeholder textEllsworth’s 9-10 baseball team was eliminated with a 15-14 road loss against Calais on July 1. The 11-12 team can clinch the District 1 title with a victory against Machias at 5 p.m. Monday, July 10.last_img read more