Interest rate on loans between related parties
In accordance with Article 14 paragraph, 3 of Profit Tax Act, the Minister of Finance has declared that the arm’s length interest rate on loans between related parties is 3.96% [...]
May 2019: Your reference for Tax News in Croatia
The Confida MONTHLY NEWSLETTER HAS BEEN CREATED TO HELP YOU NAVIGATE NEW TAX RULES AND REGULATIONS IN CROATIA. Confida Croatia created the Confida Monthly Newsletter with the aim of providing both local and international businesses [...]
Your reference for Tax News in SEE: Issue no 1./2019
Confida’s network of independent member firms has created the Confida Quarterly SEE Newsletter with the aim of providing both local and international businesses with answers to key questions regarding tax [...]
Application of exchange rate
According to Croatian financial reporting standards, all accounts and reports are obliged to be reported using official Croatian currency (Kuna – HRK). If a company is conducting business using foreign [...]
Extended definition of article 43 of General Tax Act
Based on the new General Tax Act effective as of 1st January 2019, Article 43 related to the rules for determination of the place of residence for individuals having a [...]
April 2019: Your reference for Tax News in Croatia
The Confida MONTHLY NEWSLETTER HAS BEEN CREATED TO HELP YOU NAVIGATE NEW TAX RULES AND REGULATIONS IN CROATIA. Confida Croatia created the Confida Monthly Newsletter with the aim of providing both local and international businesses [...]
Calculation of contribution for forests in 2019
With the new Law about forests (Official Gazette 68/2018), liability for contribution for forests is partially canceled. According to the new Law, all legal and natural persons who are obliged [...]
March 2019: Your reference for Tax News in Croatia
The Confida MONTHLY NEWSLETTER HAS BEEN CREATED TO HELP YOU NAVIGATE NEW TAX RULES AND REGULATIONS IN CROATIA. Confida Croatia created the Confida Monthly Newsletter with the aim of providing both local and international businesses [...]
Submission of OPZ-STAT-1 form in 2019
OPZ-STAT-1 form is a statistical report which was introduced in 2016 about outstanding receivables which are due. Purpose of the form is recording and reporting about outstanding invoices which taxpayers [...]
Yearly stock-taking of assets and liabilities
Yearly stock-taking of assets and liabilities is a process of establishing the real balance of assets and liabilities, according to which, existing balances recorded in the books are adjusted to [...]