On 29 March 2017, the tax administration published the requirements for submission of country-by-country (CbC) reports. Accordingly, constituent entities of MNE groups that are resident in Croatia and have a total consolidated revenue of €750 million (as from 1 January 2015) are obliged to submit the following to the Ministry of Finance:
- A notification stating whether an ultimate parent entity or surrogate parent entity is required to submit a CbC report on behalf of an MNE group. The deadline for submission is 30 April 2017, unless the tax year does not coincide with the calendar year.
- A notification stating the identity and tax residency of an entity, other than the ultimate parent entity or surrogate parent entity of the MNE group, which will submit a CbC report on behalf of the MNE group. The deadline for submission is 30 April 2017, unless the tax year does not coincide with the calendar year.
- The first CbC report for the tax year commencing on or after 1 January 2016 must be submitted by an ultimate parent entity of the MNE group or its surrogate parent entity that is resident in Croatia within 12 months from the last day of that tax year. (For example, for the 2016 tax year, the CbC report must be submitted no later than 31 December 2017.)
The notifications must be sent to the Ministry of Finance, Tax Administration, Central Office, Department for Normative Affairs and International Cooperation, Boškovićeva 5, Zagreb. CbC reports must be submitted electronically. The tax administration will publish detailed instructions on CbC reporting on its website in due course.
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