Croatia Publishes Tax Reform Laws Including ATAD Measures

On 30 November 2018, Croatia published a series of laws in the Official Gazette for the implementation of several tax reform measures. The laws and the main measures are summarized as follows:

The Law on Amendments to the Profit Tax Act

The Law includes amendments to implement the interest limitation and controlled foreign company (CFC) rules of the EU Anti-Tax Avoidance Directive from 1 January 2019. The main points of the interest limitation include:

• The deduction of net interest expe…