5 Major Developments in Croatia

5 Major Developments in Croatia

• Tax Agency Clarifies VAT Treatment of Advance Issued Invoices for Solar Power Plants

• Ordinance on Amendments to the Ordinance on Fiscalization of Cash Transactions published in Croatia

• Subsequent entry of the VAT IOSS number in the UCD is not allowed in Croatia

• Croatia VAT rate and reporting/record keeping changes

• Tax Administration Publishes Guidelines on Timing of Input VAT Deduction on Supplies from Taxable Persons Under Cash Accounting Schemes
• Croatia cuts heating VAT till March 2023

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Bookkeeping

• Croatia VAT rate and reporting/record keeping changes

Deduction (Input Tax Credit)

• Guidelines: Timing of Input VAT deduction under cash accounting scheme

E-Commerce/Electronic Services

• Subsequent entry of the VAT IOSS number in the UCD is not allowed in Croatia

Fiscalization

• Ordinance on Amendments to the Ordinance on Fiscalization of Cash Transactions published in Croatia

• Tax Authority issued a notice regarding the introduction of the euro in Croatia

• Verification of invoices via QR code in Croatia

• Novelties concerning fiscalization in cash transactions in Croatia

Importation

• Subsequent entry of the VAT IOSS number in the UCD is not allowed in Croatia

Intrastat

• Croatia: New member of the Eurozone

Legislative Change

• Croatia cuts heating VAT till March 2023

Rate

• Tax Agency Clarifies VAT Treatment of Advance Issued Invoices for Solar Power Plants

• Croatia VAT rate and reporting/record keeping changes

• Croatia cuts heating VAT till March 2023

Reporting/Compliance

• Croatia VAT rate and reporting/record keeping changes

Taxable Amount

• Decisions on the proclamation of the Law on Amendments to the Law on Value Added Tax in Croatia

Tax Point (When the chargeable event occurs)

• Tax Administration Publishes Guidelines on Timing of Input VAT Deduction on Supplies from Taxable Persons Under Cash Accounting Schemes

Tax Authorities/Penalties

• Penalties for those who do not dually display prices according to the rules in Croatia

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