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Topic: ELI5 on taxes in Croatia please? - page 2. (Read 402 times)

hero member
Activity: 518
Merit: 508
#NeverForgetGoba
March 09, 2024, 07:06:29 AM
#5
Well, I'm not sure how more specific I can be?

My mistake, you're right, the title is more than enough to figure out your position and the exact tax model to implement.

Question: ELI5 on taxes in Croatia
ELI5 Answer: Yes, Taxes in Croatia.

Hope I've helped.

newbie
Activity: 10
Merit: 0
March 08, 2024, 04:11:58 PM
#4
@tratatanga, like SirJohn mentioned, a bit more detail in your question would be helpful. Are you curious about crypto taxes specifically?

In Croatia, there are no specific laws or regulations related solely to the taxation of cryptocurrencies. However, there are regulations within the EU, of which Croatia is a member, that apply. In short, cryptocurrencies constitute a form of digital property in Croatia. This means that all gains or losses from buying, selling, or trading digital assets are subject to a capital gains tax of 10%. There is also a local surtax depending on your place of residence.

For example, if you bought cryptocurrencies worth €500.00 and later sold them all for €1,000.00, you are required to report and pay capital gains tax which is calculated as the difference between the purchase and sale price, which means: (1,000-500)*10% = €50 (plus surtax).

There are some exceptions to capital gains tax, such as owning the property for more than two years. However, this exemption does not apply to other taxes you may owe depending on how you acquired the property, such as additional income tax.


Well, I'm not sure how more specific I can be? But okay, I'll try. Basically, I don't have any other property, stocks, assets, nothing except for crypto. I am looking for a country to move to, to pay least amount of tax. I was reading here https://cms.law/en/int/expert-guides/cms-expert-guide-on-taxation-of-crypto-assets/croatia that you pay 12% on crypto-to-fiat transactions, and 0% if you hold for 2+ years. Is this not true for crypto? That's not the only place that mentions this sort of taxation.
legendary
Activity: 1596
Merit: 2588
Top Crypto Casino
March 08, 2024, 05:51:18 AM
#3
@tratatanga, like SirJohn mentioned, a bit more detail in your question would be helpful. Are you curious about crypto taxes specifically?

In Croatia, there are no specific laws or regulations related solely to the taxation of cryptocurrencies. However, there are regulations within the EU, of which Croatia is a member, that apply. In short, cryptocurrencies constitute a form of digital property in Croatia. This means that all gains or losses from buying, selling, or trading digital assets are subject to a capital gains tax of 10%. There is also a local surtax depending on your place of residence.

For example, if you bought cryptocurrencies worth €500.00 and later sold them all for €1,000.00, you are required to report and pay capital gains tax which is calculated as the difference between the purchase and sale price, which means: (1,000-500)*10% = €50 (plus surtax).

There are some exceptions to capital gains tax, such as owning the property for more than two years. However, this exemption does not apply to other taxes you may owe depending on how you acquired the property, such as additional income tax.
hero member
Activity: 518
Merit: 508
#NeverForgetGoba
March 08, 2024, 12:37:32 AM
#2
Try to be more specific with your questions, the topic is a bit broad Smiley
newbie
Activity: 10
Merit: 0
March 07, 2024, 08:06:48 AM
#1
It's hard to find any reliable information in English. Thanks Smiley
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