July 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 has created the Monthly Newsletter with the aim of providing both local and international businesses with answers to key questions regarding tax rules and regulations in Croatia.
SEE TAX GUIDELINES 2019: Your reference for Tax in SEE
OUR SEE TAX GUIDELINES HAVE BEEN CREATED WITH THE AIM OF PROVIDING LOCAL AND INTERNATIONAL BUSINESSES WITH ANSWERS TO CRUCIAL QUESTIONS REGARDING TAX REGULATIONS. Our comprehensive tax guidelines for each country in SEE address the major tax regulations applicable to businesses such as: corporate and personal income tax, social security contributions, transfer pricing, value added tax […]
New Law on membership fees in tourist communities
On 22 May 2019, the Law on Memberships fees in tourist communities was published, which will come into force on 1 January 2020. This Law regulates the obligation to pay the membership fee, the base and the rates on which the membership fee for the tourist board is calculated, the manner of paying membership fees, […]
Fiscalization of invoices
According to Article 27a of Fiscalization Law, in transactions with cash it is prescribed that if for any business reason a document with payment data is issued prior of the actual invoice, the taxpayer must clearly write on the invoice the following note »OVO NIJE FISKALIZIRANI RAČUN«. The taxpayer is obliged to point out the […]
June 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 with answers to key questions regarding tax regulations in Croatia.
Withholding tax
The withholding tax is paid for interest, dividends, profit shares, and royalties and other intellectual property rights (reproduction rights, patents, licenses, copyrighted marks, designs, or models, manufacturing procedure, production formulas, sketch, plan, industrial or scientific experience, and other similar rights) paid to foreign persons that are not natural persons. The fees for royalties and other […]
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% per annum, effective 1 January 2019. Stated interest rate decreased from the previous year when it was 4,55%. The rate at 3,96% is the minimum […]
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 with answers to key questions regarding tax regulations in Croatia.
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 regulations in the SEE region.
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 currency, the foreign currency needs to be converted to national currency using the corresponding exchange rate. The exchange rate that must be applied is the […]