- Croatia has proposed an amendment to allow the government to adjust the VAT rate on energy products in special circumstances without parliamentary approval.
- This “floating VAT” mechanism is intended to stabilize the market and protect consumers during disruptions.
- The standard VAT rate for energy products is 25%, with a minimum allowed rate of 15% as per EU regulations.
- The proposal is open for public consultation until 19 April 2026 and is expected to be adopted afterward.
Source: taxand.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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