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Croatia Amends Income Tax Law Including Personal Income Tax Rate Changes

03 November 2023

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Approved Changes

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Croatia

Croatia published the Law on Amendments to the Income Tax Law in the Official Gazette on 4 October 2023. Some of the main changes include the following: The basic monthly personal allowance (deduction) is increased from EUR 530.90 to EUR 560.00, along with adjustments in the related increases in the personal allowance for dependent children and immediate family members and disabilities The annual personal income tax base threshold between the lower and upper personal income tax rates (20%/30%) is increased from EUR 47,780.28 to EUR 50,400.00; The separate income tax surcharge imposed by cities and municipalities is repealed, with reference...