Naslov
Much ado about nothing - three questions about immovable property taxation in Croatia

Autori
Kesner-Škreb, Marina

Izvornik
Newsletter : an occasional publication of the Institute of Public Finance (1333-4417) 14 (2012), 66; 1-7

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, popularan rad, ostalo

Ključne riječi
Immovable property ; taxation ; Croatia

Sažetak
(1) It is falsely believed that immovable property is subject only to the so-called ownership tax, as other taxes should also be considered, such as the immovable property transfer tax, inheritance and gift tax, taxes on income from the rental and sale of immovable property. There are as many as five different types of tax currently levied on immovable property in Croatia. (2) These five types of tax are mainly local taxes, producing relatively small revenues in Croatia: in 2010, immovable property tax revenues, raised by the counties, cities and municipalities accounted for as little as 905 million kuna (6.9% of total local tax revenues, or 0.8% of total tax and social security contributions revenues in Croatia). However, even in EU27, these taxes account for the smallest share of total collected tax revenues, and produce six time less revenue than , e.g. VAT or personal income tax. (3) The immovable property ownership tax was widely applied in Croatia as early as the 1980s, and was charged on residential buildings, business premises and vacation houses. However, it failed to produce the desired effects, due to: 1) the unrealistic assessment of the tax base ; 2) incomplete property records ; and 3) weaknesses in the work of the Tax Administration. Maybe the last century's experience will come in handy for us today.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA