The Croatian Ministry of Finance Nov. 6 opened a consultation on a draft bill to amend the VAT law. The draft bill includes measures that would: 1) increase the threshold for VAT-exempt gifts to 22 euros (US$23) from 21 euros (US$22); 2) allow tax base reductions related to discounts, revocations, and inability to collect overdue receivables; 3) increase the VAT exemption threshold to 100 euros (US$107) from 98 euros (US$105) for specific deliveries of goods by passengers from the EU; 4) increase the threshold to 110,000 euros (US$117,534) from 106,178 euros (US$113,450) to qualify for quarterly reporting; 5) increase the ...
Learn more about Bloomberg Tax or Log In to keep reading:
Learn About Bloomberg Tax
From research to software to news, find what you need to stay ahead.
Already a subscriber?
Log in to keep reading or access research tools.