Corporate Tax Return (Form PD)
The corporate tax return for the period running from 1 January 2020, or from any date in 2020, must be submitted to the Tax Administration no later than 30 June 2021. The same submission period will also apply to other forms/statements which supplement the corporate income tax return (e.g., Form PD-IPO, Form OPZ-STAT-1, Form TZ 1).
It should be noted that the extension of the deadline will not apply to taxpayers whose tax period does not correspond to the calendar year, or whose obligation for submitting the corporate tax return is not due for four months after the expiration of the tax period, explain the Ecovis experts. The deadline for the payment of corporate income tax and other public charges is 30 June 2021.
Annual Financial Statements for Statistical Purposes and Public Disclosure
Under the “Rules on the Deadlines for the Submission of Financial Statements and Accounting Records in Specific Circumstances”, the annual financial reports for statistical and other purposes must be submitted by 30 June 2021, while the financial reports for the purposes of public disclosure must be submitted by 31 August 2021. Taxpayers whose fiscal year corresponds to the calendar year may send these reports simultaneously by 30 June 2021. Entrepreneurs who are subject to consolidation must submit annual consolidated financial statements by 31 October 2021.
Even if the deadlines for these declarations have changed, the Ecovis advisors recommend that they are completed before the statutory deadline. The taxpayer may autonomously and independently submit the corporate tax return and the annual financial statements to the Croatian Tax Administration and the Financial Agency respectively, or this may be done on the taxpayer's behalf by a proxy using a digital certificate.
For further information please contact:
Kristijan Novak, Head of Accounting, ECOVIS FINUM, Zagreb, Croatia,
Email: k.novak@finum.hr