Details

  • Service: Tax
  • Type: Business and industry issue, Publication series
  • Date: 8/23/2010

NF-2010-06 - New withholding tax – list of countries 

Further to the amendments to the Croatian Corporate Profit Tax Law effective as of 1 July 2010 (National Gazette, 80/10), as summarised in our Newsflash of 1 July 2010 Amendments to the Croatian Corporate Profit Tax Law effective as of 1 July 2010, the Croatian Minister of Finance has published a list of 34 countries for which a withholding tax of 20% must be withheld from payments made for services provided by companies which have a registered seat or place of effective management/supervision in these countries.

Any Croatian taxpayer’s making payments for such services to such companies either need to withhold tax at 20% or restructure their operations. The countries listed are the following:

Number

Country

Code

1         

Andorra

AD

2         

Anguilla

AI

3         

Antigua and Barbuda

AG

4         

Aruba           

AW

5         

Bahamas

BS

6         

Bahrain      

BH

7         

Belize

BZ

8         

Bermuda

BM

9         

British Virgin Islands

VG

10      

Cayman Islands

KY

11      

Cook Islands

CK

12      

Dominica

DM

13      

Gibraltar

GI

14      

Grenada

GD

15      

Guernsey

GG

16      

Isle of Man

IM

17      

Jersey

JE

18      

Liberia  

LR

19      

Liechtenstein   

LI

20      

Marshall Islands

MH

21      

Monaco         

MC

22      

Montserrat   

MS

23      

Nauru     

NR

24      

Netherlands Antilles

AN

25      

Niue

NU

26      

Panama

PA

27      

Saint Kitts and Nevis

KN

28      

Saint Lucia

LC

29      

Saint Vincent and the Grenadines

VC

30      

Samoa

WS

31      

Seychelles

SC

32      

Turks and Caicos Islands

TC

33      

US Virgin Islands

VI

34      

Vanuatu                  

VU

 

The above mentioned withholding tax payments should be made on a newly-formed reference number - 1864.

For further information please contact Paul Suchar, Partner, Taxation and Regulatory Services or Tomislav Leko, Manager, Taxation Services.

 

 

Kontakt / Contact:

KPMG Croatia d.o.o.
Eurotower, Ivana Lučića 2a/17
10000 Zagreb, Croatia

Tel:  +385 1 5390 006
Fax: +385 1 5390 111

 

tax@kpmg.hr
kpmg.hr