Amendments to the Bylaw on the implementation of the General Tax Act in 2022

Amendments to the Bylaw on the implementation of the General Tax Act (Official Gazette, No. 144/21) have been extended until 31 December 2022. In this period non-taxable donations can be given to aid individuals from the area for which disaster caused by the earthquake has been declared (Sisak-Moslavina, Zagreb and Karlovac counties).

VAT payers are exempt from VAT on goods and services donated to the above areas until the end of 2022.

Donations related to disaster relief in the above areas given to legal or natural persons are tax deductible expenses for the purposes of corporate profit tax and are tax deductible expenditures for the purposes of personal income taxation.

These provisions apply to corporate income tax returns and personal income tax returns for the years 2020, 2021 and 2022 as well as for donations made up to 31 December 2022.