New corporate Taxation Program for pandemic recovery adopted by European Commission
Given the pandemic time of COVID-19 and the new challenges – both in private and business areas – the European Commission has adopted a Communication on Business Taxation for the 21st Century, which is extremely important for companies in the European Union whose context of tax policy is radically changed. The vision of supporting Europe’s […]
June 2021: Your reference for Tax News in Croatia
Confida Croatia has created the Monthly Newsletter with the aim of providing both local and international businesses with answers to key questions regarding tax regulations in Croatia. In our June edition, we bring you an overview of all the important tax news from Croatia.
New default interest rate from July 1, 2021
The Croatian National Bank published the average interest rate on loans granted for a period longer than one year to non-financial corporations calculated for the reference period from 1 July 2021 to 31 December 2021. The stated average interest rate is 2.61%. The Law on Obligations determines the interest rate by increasing the stated average […]
Amendments to the Law on Foreign Exchange Operations
In May 2021, the Law on Amendments to the Law on Foreign Exchange Operations was passed, according to which new controls on the transfer and obligations to declare cash, which is brought in or taken out of the EU, are introduced. The law came into force on June 3, 2021. The amendments introduced EU regulations […]
LOCAL BUSINESS – GLOBAL VISION – Confida Croatia joins ETL Global!
In recent decades, the Croatian economy’s success has been the result of increasing internationalization, especially among small and medium-sized enterprises. Here at CONFIDA Croatia we strongly believe it is crucial to maintain business relationships with partners from other countries in order to provide our clients with the best possible service and advice, as well as […]
Agreement on taxation of the multinational technological giants
Today, the governments of all countries are facing a loss of revenue caused by the transfer of investments to countries with a lower tax burden – in the so-called tax havens. For the same reasons, US Treasury Secretary Janet Yellen proposed a global minimum tax rate back in April. Although this type of reform immediately […]
New grant measure for the preservation of jobs for June 2021
By the decision of the CES Broad of Directors, a new grant measure for the preservation of jobs (COVID-19 and earthquake) in the Sisak-Moslavina, Zagreb, and Karlovac counties for June 2021 was adopted. All employers who have registered their activity and registered with the HZMO system of insured persons by 31 January 2021 can use […]
May 2021: Your reference for Tax News in Croatia
Confida Croatia has created the Monthly Newsletter with the aim of providing both local and international businesses with answers to key questions regarding tax regulations in Croatia. In our May edition, we bring you an overview of all the important tax news from Croatia.
Croatia is one of the most wanted destination on the Austrian market
According to reservations, Croatia is in the second place of the most wanted destinations on the Austrian market for 2021, right after Greece, announced one of the world’s largest tour operators, TUI. Italy, Spain, and Turkey follow, and when general trends and general interest in travel are considered, the most popular foreign destination of Austrians […]
Special taxation procedure for services and distance selling of goods
On 18 May 2021, the Tax Authorities published on its website explanations on special taxation procedure for services and distance selling of goods. Namely, the EU Member States have the obligation to adjust their national legislation in the field of VAT with the provisions of Council Directive (EU) 2017/2455 and Council Directive (EU) 2019/1995 which […]