Invitation for voluntary reporting of foreign income

The Croatian Tax Authorities have published on their website an invitation for Croatian tax residents to voluntarily report their unreported receipts of foreign income before receiving an official call from the Tax Authorities.

When determining the tax liability for voluntarily reported income, the procedure will be carried out according to the tax regulations in force at the moment of voluntary reporting, without charging penalty interest or fines for late reporting of income.

In addition to the invitation, on their website the Tax Authorities have published detailed instructions for voluntary reporting, examples of reporting for different types of income, as well as the form on which the reporting can be carried out.

For more information and assistance with reporting and calculation of tax obligation in case of voluntary reporting of foreign income, feel free to contact us.