Voice of Entrepreneurs opposes Croatia's proposed excess profit margin tax

The Voice of Entrepreneurs Association (UGP) has publicly expressed strong opposition to proposed amendments to Croatia's Corporate Income Tax Act. The draft legislation, which has entered public consultation, proposes introducing a 50 percent tax rate on what it defines as excessive profit margins.

The entrepreneur group argues that levying such a steep tax rate would harm the local business climate, discourage private investment, and penalize corporate success. Public consultation on the proposed corporate tax adjustments remains open, allowing domestic business representatives and stakeholders to submit official feedback to legislative authorities before the law proceeds further.

Sources: HRT Vijesti