New Rules on Transfer Pricing at EU Level
Furthermore, the European Union has decided to respond to this challenge by introducing so-called compulsory. Country-by-Country Reporting (CBCR). CBCR is reporting on the activities of the tax paid by countries whose aim is to achieve greater public transparency regarding the income tax.
From the point of Croatian payers, all companies within the country which are subsidiaries of large multinational groups will be included in CBCR-in to draw up a parent for their societies. Therefore, such information will be available to everyone, and also will have to be submitted to the Croatian Tax Administration, in accordance with the various directives on data exchange and adopted by the Croatian.
More on this topic you can read in Newsletter on Croatian bellow.