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The growing demand trend for daily and overnight pet accommodation services rases the question regarding the classification of the service from the VAT aspect. Therefore, on the 27th of June 2022, Croatian Tax Administration has issued an opinion on the matter of application of reduced VAT rate of 13% on daily and overnight pet accommodation in a Dog Hotel.
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The globally spread financial services of the credit institution Revolut Bank UAB have raised several issues related to changes of their operations in Republic of Croatia.
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Any introduction of goods into the European Union which, in accordance with customs regulations, are not in free circulation within the territory of the European Union is subject to VAT and is considered an import of goods. Pursuant to amendments to the Value Added Tax Act of 1 January 2021, it is possible to administer VAT on import on an accrual basis when importing goods of all kinds and values. These changes have enabled a significant reduction in the burden on companies’ financial resources.
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Related party transactions are an important moment in the business of legal entities, especially in multinational groups. These transactions are […]
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