Croatia To Amend Corporate Tax Rules Concerning Business Income of Individuals, Dividends Tax Treatment and Investment Incentives

On 30 October 2014, the Croatian government proposed changes to the country's Corporate Income Tax Law. Key changes include:

• The business income of individual entrepreneurs will be subject to corporate income tax if their total gross income is over HRK 3 million in the previous year
• Dividend and profit distributions will not be included in the corporate income tax base if the distribution  income was not considered a deductible expense in other states
• Profits reinvested in long-ter…