Croatia Plans to Introduce Property Taxes

Politics ♦ Published: November 23, 2012; 18:31 ♦ (Vindobona)

Croatia´s Finance Minister Slavko Linic plans to introduce a property tax next year. The rate will come at 1.5%.

Croatia Plans to Introduce Property Taxes / Picture: © Vindobona.org

In order to prevent a deterioration of the budgetary situation, the Croatian government implements further austerity measures. The tax will be imposed on rented apartments as well as industrial and commercial buildings and residential houses. The tax base depends on the market value of the property. In case of apartments, the tax may be reduced by up to 85%. The reduction for the…