Croatia adopted the euro (EUR) with effect from 1 January 2023. As a result, several tax-related thresholds are converted accordingly with effect from that date. Some of the key thresholds include the following:
- Revenue threshold for the reduced corporate tax rate of 10%: HRK 7,500,000 / EUR 995,421.06;
- Annual threshold to apply cash method of accounting for corporate tax: HRK 7.5 million / EUR 995,421.06
- Value limit for current year write-off of assets (i.e., not depreciated): HRK 3,500 / E…