VATupdate

Croatia: VAT, individual income tax changes effective 2015 | KPMG | GLOBAL

As of 1 January 2015, Croatian VAT law will reflect changes concerning:

 

  • VAT assessment on a cash basis
  • Taxation of real estate
  • Place of taxation of telecommunication services, radio and television broadcasting services and electronically supplied services
  • Repeal of the annual VAT return
  • Supplies based on diplomatic and consular agreements to be exempt from VAT at the point of supply
  • All prescription medicines subject to VAT at a rate of 5%

via Croatia: VAT, individual income tax changes effective 2015 | KPMG | GLOBAL.

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