Tax on property, dividend and capital gain tax are among key points of the autumn tax reform announced by the government, the details of which are still debated, Jutarnji list writes.

Members of the ruling coalition, as well as opposition parties, have set forth a number of proposals for a 'true' tax reform, among them introduction of tax on oversized or highly valuable real estate, tax on uncultivated land, share purchase, consultancy services and fixed telecommunication services.

Whether the existing taxes will be lowered is uncertain, but it seems unlikely. The experts agree on that new tax regulations should pertain to assets and not labour or income.

SDP's economic advisor, Ljubo Jurcic, believes each citizen should be taxed according to their wealth, which is why he proposes real estate tax to be increased.

"Anything over 50m2 per person should be taxed between 0.5% and 2%, with 15m2 for each household member being tax free. This would result in greater mobility of citizens and efficient use of property", Jurcic says. He also proposes for unfarmed land to be taxed.

His colleague from HDZ, Goran Maric, agrees with the introduction of real estate tax, but proposes for it to be calculated according to value and not footage or their number. However, he hopes that tax burden on economy will be lessened and appeals for new regulation to entice equal distribution of wealth. In addition, Maric believes the purchase of stocks should be taxed, as well as consultant services. In his opinion, the number of local government units should be reduced to boost economic development.

Furthermore, HDZ's economic expert claims income tax for private entrepreneurs should be lowered to 20%, while local governments should be allowed to charge municipal taxes up to 12%, instead of 15% and in case of Zagreb, 30%.