Contributions of qualified minority interests made after 31 December 2024 are subject to the provisions of Article 177, paragraph 2-bis, of the Consolidated Income Tax Act, as amended by Article 17 of Legislative Decree 192/2024. Under the new rules, the transferee company must be owned solely by the transferor or, if the transferor is a [...]

In the case of incorrect invoices issued to a nontaxable person, the issuer is not liable for VAT even if he has issued further incorrect tax documents also to taxable persons. At the same time, determining the share of invoices will have to be done by estimation, the criteria for which will be inferred from [...]

Law no. 21/2024 (the so-called ‘Capital Law’) has only introduced the possibility for small and medium-sized limited liability companies to issue special categories of dematerialised shares that circulate through mere book-entry transactions and that are issued alongside ordinary shares in crowdfunding transactions.

Dividends received from Croatia by resident individuals are normally subject to Article 27(4) of Presidential Decree 600/73, which provides for a withholding tax of 26% on the total dividend received, without distinguishing between qualifying and non-qualifying holdings. This withholding tax is withheld after the foreign dividend has already been taxed at source in Croatia (in [...]

From 1 January 2025, the hiring and secondment of employees will be subject to VAT. There is generally no change for industrial and service companies that enjoy the full right to deduct input tax, while for companies without input tax deduction (banks, insurance companies, doctors, clinics, etc.) the new regulation represents a significant change (= [...]