Croatia 38th among 189 economies in ease of paying taxes

Croatia ranks 38th among 189 countries covered by the report "Paying Taxes 2016", compiled together by PricewaterhouseCoopers (PwC) and the World Bank Group.

The latest report is the tenth edition and it investigates and compares tax regimes across 189 economies, ranking them according to the relative ease of paying taxes.

In the overall rankings, Croatia is 38th, and the report notes that Croatia's total tax rate is 20%, and 19 payments take 206 hours to be conducted, according to PwC report.

Paying Taxes records the taxes and mandatory contributions that a medium size company must pay in a given year as well as measuring the administrative burden of paying taxes and contributions.

Taxes and contributions measured include corporate income and other profit taxes, social contributions and labour taxes paid by the employer, property taxes, property transfer taxes, dividend tax, capital gains tax, financial transactions tax, waste collection taxes, vehicle and road taxes, and any other small taxes or fees, PwC states on its web site.

Last update: Sat, 21/11/2015 - 15:15


Croatia ranks 49th in ease of paying taxes


Sunday, December 4, 2016 - 17:18

More from Business

Other countries join OPEC to cut oil output by 1.76 million barrels

The Organization of the Petroleum Exporting Countries (OPEC) managed to broaden its efforts to cut oil output on...

Greek ferry strike ends after eight days

A nationwide strike by Greek ferry workers that led to supply shortages on a several islands ended Saturday after...

Sky accepts 18-billion-pound takeover bid by 21st Century Fox

The board of British broadcaster Sky has accepted a takeover bid worth some 18 billion pounds (22.6 billion dollars...

Pilots resume negotiations with Lufthansa in long-running pay battle

Pilots working for Germany's flagship airline, Lufthansa, have returned to the negotiating table with their...

One third of big Australian companies pay no tax, tax office says

More than a third of the largest companies in Australia paid no tax in the previous financial year, according to...