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Based on the reported turnover of catering industry taxpayers in the past periods a very low turnover has been noticed. There arises a question of unrealistically reported income which is incongruent with the income scale of the taxpayers. Accordingly, Ministry of Finance suspects that there is an area of underground economy and therefore suggests the Fiscalization Act in order to try to suppress it. In our paper we will show the stated results of turnover records after the obligation of reporting the records through the fiscal register office and compare them with the stated turnovers before the Fiscalization Act came into effect in the same period. The turnovers will be compared based on the average turnover per employee. We will provide an outline of two groups of taxpayers; small entrepreneurs and craftsmen, and large taxpayers, who have been obliged by the Fiscalization Act since 1st January 2013, and we will establish how much the Fiscalization Act has contributed to the state budget.

Through a continuous reform of its fiscal system (especially the tax system), the Republic of Croatia has harmonized them with those of EU countries, in keeping with European integration processes and the intention to become a full EU member. Certain differences are still in place (tax rates, certain tax incentives, benefits and exemptions), but they are soon to be harmonized as well in an ongoing tax system reform. As for the monetary segment, Croatia is already relatively well harmonized with EU standards. This harmonization is primarily based on a stable exchange rate of the national currency and low inflation. The legislation is for the most part in line with the country's endeavours in this area. Certain segments of monetary finances, especially those with long-term effects such as capital transfers etc., which are not yet adequately regulated through positive legislation, will soon have to be harmonized with the EU acquis.

The Republic of Croatia is one of the transition countries that have abandoned planned economy and turned towards market-oriented economy. These new conditions of the market-oriented economy required normative adjustments in certain spheres of social and economic activity, resulting in the realization of new income in the budget structure, the likes of which were unknown in the economy of self-managing socialism. New sorts of budget income found themselves in the quantitative and qualitative function of satisfying public needs. In that respect, the authors of this paper explain the following: • The concept of concession, i.e., concession income in telecommunications ; • The concept of telecommunications ; • Normative regulations related to telecommunications in the Republic of Croatia ; • Normative prerequisites for the realization of concession income on the example of a radio station.

In the late 1980's and early 1990's, farmer socialist countries in Europe were exposed to democratic processes resulting in the dissolution of a number of complex states and the creation of new independent states, Unlike the USSR and Czechoslovakia, where the process of dissolution went peacefully, farmer Socialist Federal Republic of Yugoslavia fell apart after awar. The Republic of Croatia is one of the countries that emerged after the Socialist Federal Republic of Yugoslavia had fallen apart. After the homeland war and partial normalization of relations with the remaining part of ex-Yugoslaviat that continued existing as a new stote under the name oj Federal Republic of Yugoslaviaf Croatia and other newly formed states have started an International initiative far the apportionment of the formerly joint property. During the first half of last yearf first concrete and efficient steps mre taken in the acguisition of succession income. However, t other results regarding the receiving of other post-war income (income from restitutiom, contributions and reparations) were not achieved. In this paper, we shall more thoroughly discuss two most important forms ofpost-war non-fiscal income, far which alimentation in the Budget of the Republic of Croatia there are realistic foundations ; these are the post-war reparation and succession income.

Taking into account the global trends, the requirements posed to this system, as well as the growing openness of the Croatian market, the reform of the Croatian payment system has become a necessity. Some procedures adopted in the past are now an obstacle to these activities. One cannot speak of an efficient payment system in a situation when both deposit and non-deposit institutions are involved in the payment system. Since this means that there is a duality of regulations, the payment system is obviously overregulated. In addition, there is no usual competition in this segment, leading to reduced efficiency. Due to the changes in the EU payment system and around the world it is necessary to adapt the national payment system, but also to follow closely the ongoing changes in order to adapt to them more promptly in the future.

The paper delineates the properties and specificities of modern Croatian money-market transactions and their transition as well as the Solutions applied in this segment by the Republic of Croatia from the moment of declaration ofits in dependence up to nowadays. Such a contemporary monetary system has enabled the organization of a compatible and comparable public finances system, established via transition of tax and customs system of the Republic of Croatia. The focus of monetary authorities is being placed on the stability of national legal tender—the Kuna—, production quality, and on numismatic possibilities of its emission.