Whether it is necessary to calculate interest on received/given loans depends on several factors. Considering that the topic is quite extensive, we will elaborate interest on given loans in our next article. Interest on received loans If a trading company receives a loan from a NATURAL PERSON (citizen), it can be: • interest-free contract • […]
Recently, one of the main news both in Croatia and globally is INFLATION rate. Although we live in a time when nothing is certain anymore, the influence of inflation certainly is a factor we can count on. Due to the high rate of inflation, today for the same amount of money we can buy fewer […]
Value added tax is a form of consumption taxation that was first introduced in 1958. in France and today it is applied in more than 170 countries around the world. Who is a TAX PAYER? Any person who independently performs any economic activity, regardless of the purpose and result of performing that activity. What is […]
Income tax primarily refers to the taxation of income from non self-employment, therefore, given its complexity and economic importance, this tax form is constantly exposed to reform changes with the aim of creating a fairer and more tolerable tax burden important not only for taxpayers but for the economic competitiveness of labor environment of the […]
Pursuant to the Law on the introduction of the euro as the official currency in the Republic of Croatia (Official Gazette 57/22 – 88/22) from January 1, 2023. year, the euro becomes the official currency that will be used in payment transactions in the Republic of Croatia. The established fixed conversion rate is = HRK […]
Profit tax (corporate tax or corporation income tax) is a relatively young form of taxation that achieved its full momentum only in the 20th century and today it is present in almost all developed capitalist countries of the world. It is a tax form that taxes the result of performing an economic activity. Who is […]