Paying taxes in Croatia

[Nebell]

Hello.

I live in Sweden but I was born in Croatia a long time ago and also have Croatian citizenship.
Taxes in Sweden are quite high, from 30% to up to 70% if you're mining. And I'm mining.
So I'm looking for alternatives. Let's say that I visit Croatia and open a bank account and transfer about 50.000 euros from Coinbase or Kraken (or any other Bitcoin > fiat exchange) to my bank account in Croatia. How much do I have to pay in taxes?

Google translate (the best I could do )

Zdravo.

Živim u Švedskoj, ali davno sam rođen u Hrvatskoj i također imam hrvatsko državljanstvo.
Porezi u Švedskoj su prilično visoki, s 30% na 70% ako rudarate. Ja rudim.
Zato tražim alternative. Recimo da posjetim Hrvatsku i otvaram bankovni račun i prevezem oko 50.000 eura od Coinbasea ili Krakena (ili bilo koje druge Bitcoin> fiat razmjene) na moj bankovni račun u Hrvatskoj. Koliko moram platiti porez?

[slackovic]

Hello.

I live in Sweden but I was born in Croatia a long time ago and also have Croatian citizenship.
Taxes in Sweden are quite high, from 30% to up to 70% if you're mining. And I'm mining.
So I'm looking for alternatives. Let's say that I visit Croatia and open a bank account and transfer about 50.000 euros from Coinbase or Kraken (or any other Bitcoin > fiat exchange) to my bank account in Croatia. How much do I have to pay in taxes?

Google translate (the best I could do )

Zdravo.

Živim u Švedskoj, ali davno sam rođen u Hrvatskoj i također imam hrvatsko državljanstvo.
Porezi u Švedskoj su prilično visoki, s 30% na 70% ako rudarate. Ja rudim.
Zato tražim alternative. Recimo da posjetim Hrvatsku i otvaram bankovni račun i prevezem oko 50.000 eura od Coinbasea ili Krakena (ili bilo koje druge Bitcoin> fiat razmjene) na moj bankovni račun u Hrvatskoj. Koliko moram platiti porez?

Pošto si napisao post u hrvatskom podforumu, napisat ću odgovor na hrvatskom jeziku. Većina ljudi (pa čak i Porezna uprava sa svojim dopisom) se slaže da se pri isplati zarade od kripto valuta (bilo rudarenje, bilo trgovanje) plaća porez od 12% na kapitalnu dobit plus prirez ovisno o mjestu gdje stanuješ. E sad, pošto ti nemaš prebivalište u Hrvatskoj pa time nisi obvezan plaćati porez kod nas, ne znam kako bi to ispalo... Jer porez na kapitalnu dobit se plaća predajom JOPPD obrasca u veljači za prošlu godinu.

[Nebell]

Hello.

I live in Sweden but I was born in Croatia a long time ago and also have Croatian citizenship.
Taxes in Sweden are quite high, from 30% to up to 70% if you're mining. And I'm mining.
So I'm looking for alternatives. Let's say that I visit Croatia and open a bank account and transfer about 50.000 euros from Coinbase or Kraken (or any other Bitcoin > fiat exchange) to my bank account in Croatia. How much do I have to pay in taxes?

Google translate (the best I could do )

Zdravo.

Živim u Švedskoj, ali davno sam rođen u Hrvatskoj i također imam hrvatsko državljanstvo.
Porezi u Švedskoj su prilično visoki, s 30% na 70% ako rudarate. Ja rudim.
Zato tražim alternative. Recimo da posjetim Hrvatsku i otvaram bankovni račun i prevezem oko 50.000 eura od Coinbasea ili Krakena (ili bilo koje druge Bitcoin> fiat razmjene) na moj bankovni račun u Hrvatskoj. Koliko moram platiti porez?

Pošto si napisao post u hrvatskom podforumu, napisat ću odgovor na hrvatskom jeziku. Većina ljudi (pa čak i Porezna uprava sa svojim dopisom) se slaže da se pri isplati zarade od kripto valuta (bilo rudarenje, bilo trgovanje) plaća porez od 12% na kapitalnu dobit plus prirez ovisno o mjestu gdje stanuješ. E sad, pošto ti nemaš prebivalište u Hrvatskoj pa time nisi obvezan plaćati porez kod nas, ne znam kako bi to ispalo... Jer porez na kapitalnu dobit se plaća predajom JOPPD obrasca u veljači za prošlu godinu.

12%? If that's true then I just might switch to a Croatian bank.

[ShuttIe]

mislim da ces platit 12% poreza

[slackovic]

Hello.

I live in Sweden but I was born in Croatia a long time ago and also have Croatian citizenship.
Taxes in Sweden are quite high, from 30% to up to 70% if you're mining. And I'm mining.
So I'm looking for alternatives. Let's say that I visit Croatia and open a bank account and transfer about 50.000 euros from Coinbase or Kraken (or any other Bitcoin > fiat exchange) to my bank account in Croatia. How much do I have to pay in taxes?

Google translate (the best I could do )

Zdravo.

Živim u Švedskoj, ali davno sam rođen u Hrvatskoj i također imam hrvatsko državljanstvo.
Porezi u Švedskoj su prilično visoki, s 30% na 70% ako rudarate. Ja rudim.
Zato tražim alternative. Recimo da posjetim Hrvatsku i otvaram bankovni račun i prevezem oko 50.000 eura od Coinbasea ili Krakena (ili bilo koje druge Bitcoin> fiat razmjene) na moj bankovni račun u Hrvatskoj. Koliko moram platiti porez?

Pošto si napisao post u hrvatskom podforumu, napisat ću odgovor na hrvatskom jeziku. Većina ljudi (pa čak i Porezna uprava sa svojim dopisom) se slaže da se pri isplati zarade od kripto valuta (bilo rudarenje, bilo trgovanje) plaća porez od 12% na kapitalnu dobit plus prirez ovisno o mjestu gdje stanuješ. E sad, pošto ti nemaš prebivalište u Hrvatskoj pa time nisi obvezan plaćati porez kod nas, ne znam kako bi to ispalo... Jer porez na kapitalnu dobit se plaća predajom JOPPD obrasca u veljači za prošlu godinu.

12%? If that's true then I just might switch to a Croatian bank.

I don't think that you understood me so I'll answer in english. Croatian residents are probably required to pay 12% taxes (I'm saying probably because Croatian tax service doesn't know yet), but since you're not a Croatian citizen, I don't think that you can pay tax in Croatia.

[Noctifer]

Hello.

I live in Sweden but I was born in Croatia a long time ago and also have Croatian citizenship.
Taxes in Sweden are quite high, from 30% to up to 70% if you're mining. And I'm mining.
So I'm looking for alternatives. Let's say that I visit Croatia and open a bank account and transfer about 50.000 euros from Coinbase or Kraken (or any other Bitcoin > fiat exchange) to my bank account in Croatia. How much do I have to pay in taxes?

Google translate (the best I could do )

Zdravo.

Živim u Švedskoj, ali davno sam rođen u Hrvatskoj i također imam hrvatsko državljanstvo.
Porezi u Švedskoj su prilično visoki, s 30% na 70% ako rudarate. Ja rudim.
Zato tražim alternative. Recimo da posjetim Hrvatsku i otvaram bankovni račun i prevezem oko 50.000 eura od Coinbasea ili Krakena (ili bilo koje druge Bitcoin> fiat razmjene) na moj bankovni račun u Hrvatskoj. Koliko moram platiti porez?

Pošto si napisao post u hrvatskom podforumu, napisat ću odgovor na hrvatskom jeziku. Većina ljudi (pa čak i Porezna uprava sa svojim dopisom) se slaže da se pri isplati zarade od kripto valuta (bilo rudarenje, bilo trgovanje) plaća porez od 12% na kapitalnu dobit plus prirez ovisno o mjestu gdje stanuješ. E sad, pošto ti nemaš prebivalište u Hrvatskoj pa time nisi obvezan plaćati porez kod nas, ne znam kako bi to ispalo... Jer porez na kapitalnu dobit se plaća predajom JOPPD obrasca u veljači za prošlu godinu.

12%? If that's true then I just might switch to a Croatian bank.

I don't think that you understood me so I'll answer in english. Croatian residents are probably required to pay 12% taxes (I'm saying probably because Croatian tax service doesn't know yet), but since you're not a Croatian citizen, I don't think that you can pay tax in Croatia.

If he stays in Croatia for more than 6 months he is considered a tax resident in Croatia. I would also suggest you read up on double taxation as you might have to pay taxes in Sweden. If you live in Croatia for less than 6 months and pay the 12% there Sweden might still ask you to pay the other 18% to them (double taxation law means you wouldn't have to pay 12 and 30, but you might have to pay 30% if Sweden will ask you).

Your nationality and residence is not relevant, only tax residence is relevant for paying taxes.

If it's a lot of money I suggest you talk to a professional about and since what's the best option.

[Nebell]

Alright, thanks all. I might actually ask a lawyer or a bank in Croatia.

I also have a friend in Serbia and maybe I'll ask him about the situation there. Croatia is in EU and Serbia isn't. Maybe that will make a difference.

The problem with Swedish taxation is that if you're mining, you have to pay taxes as if you're working. All my crypto earning is coming from mining, and 60.000 euros in less than a year is considered high income. They will tax my ass between 60% and 70%. I don't mind paying taxes but that amount is absurd.
Investing and letting your investment grow is different and taxed about 30% of the profit only.

[tuvok007]

Very interesting subject but you will definitely have to contact a professional ! A lawyer,accountant,tax expert...they will get headache trying to find the best solution for you    good luck,hope you"ll pay less than half at the end of the story....

[freigeist]

Alright, thanks all. I might actually ask a lawyer or a bank in Croatia.

I also have a friend in Serbia and maybe I'll ask him about the situation there. Croatia is in EU and Serbia isn't. Maybe that will make a difference.

The problem with Swedish taxation is that if you're mining, you have to pay taxes as if you're working. All my crypto earning is coming from mining, and 60.000 euros in less than a year is considered high income. They will tax my ass between 60% and 70%. I don't mind paying taxes but that amount is absurd.
Investing and letting your investment grow is different and taxed about 30% of the profit only.

There are countries in the world which does not require you to pay any tax.
If you earn a lot of money then maybe is better to go there

here are some list:
https://coinsutra.com/tax-free-bitcoin-countries/
http://www.telegraph.co.uk/expat/money/countries-that-dont-have-income-tax-in-pictures/
https://en.wikipedia.org/wiki/List_of_countries_by_tax_rates

[Nebell]

Alright, thanks all. I might actually ask a lawyer or a bank in Croatia.

I also have a friend in Serbia and maybe I'll ask him about the situation there. Croatia is in EU and Serbia isn't. Maybe that will make a difference.

The problem with Swedish taxation is that if you're mining, you have to pay taxes as if you're working. All my crypto earning is coming from mining, and 60.000 euros in less than a year is considered high income. They will tax my ass between 60% and 70%. I don't mind paying taxes but that amount is absurd.
Investing and letting your investment grow is different and taxed about 30% of the profit only.

There are countries in the world which does not require you to pay any tax.
If you earn a lot of money then maybe is better to go there

here are some list:
https://coinsutra.com/tax-free-bitcoin-countries/
http://www.telegraph.co.uk/expat/money/countries-that-dont-have-income-tax-in-pictures/
https://en.wikipedia.org/wiki/List_of_countries_by_tax_rates

Very nice list, thanks.
Now if I only knew someone in Germany or Denmark

[Vene]

Hello.

I live in Sweden but I was born in Croatia a long time ago and also have Croatian citizenship.
Taxes in Sweden are quite high, from 30% to up to 70% if you're mining. And I'm mining.
So I'm looking for alternatives. Let's say that I visit Croatia and open a bank account and transfer about 50.000 euros from Coinbase or Kraken (or any other Bitcoin > fiat exchange) to my bank account in Croatia. How much do I have to pay in taxes?

Google translate (the best I could do )

If it is not a secret with what equipment do you mine and what is the price of electricity in Sweden?

[Nebell]

I mine with 13x1060 and 1x1080Ti. The price of electricity is rather high, about €0.15/kwh.

[tannal]

Maybe if you have someone in Slovenia to send money to you don't have taxes on cryptos in Slo..

[Vene]

I mine with 13x1060 and 1x1080Ti. The price of electricity is rather high, about €0.15/kwh.

Thx, I thought you mine with asics. And yes the electricity is pretty high. :/

[Zirnitra]

12% jel`to provjereno?
Ugodno sam iznenadjen.
Zivim u Irskoj koja slovi za zemlju s najmanjim porezom na dobit u EU (13,5%),a Hrvatsku pamtim kao zemlju s najvisim porezima u svijetu. Iskreno, tesko mi je povjerovati da je tako, ali ako Vas vise to tvrdi i ako se lako dade provjeriti evo stvarno sam ugodno zatecen.
Bit ce premalo se ljudi bavi kriptovalutama jos uvijek pa nisu namirisali povecanje placa saborskim zastupnicima.

[mrdrumspin]

first of all good luck! I would definitely hire a professional. and yes you are right, they just didnt smell the money in cryptos yet in croatia but it is in the news quite often now. i dont think 12% will last long. It ussualy applies to "foreign income" that you pay 12% tax on. So far kunas (HRK) are taxable as soon as they land on your bank acc in croatia, and if it's from cryptos (abroad) you pay the tax. once again good luck, and if you dont have any connections i recommend trying in one of the btc free countrys instead.

[GrumpyUnit]

prepaid credit cards 7k monthly limit... small bank withdrawals   but if you feel bad  then just report your crypto tax income...  If you have milions then it's hard to hide but if not  then buy and spend with bitcoins no tax there...   and then also  offshore bank accounts... its so easy to hide money today

[GrumpyUnit]

Maybe if you have someone in Slovenia to send money to you don't have taxes on cryptos in Slo..

 

http://www.minimax.si/blog-davcni-vidik-kriptovalut/?utm_source=nlmm&utm_medium=nlmm-171123&utm_campaign=http%3A%2F%2Fwww.minimax.si%2Fpodjetniki&utm_content=link-blog

[Noctifer]

12% jel`to provjereno?
Ugodno sam iznenadjen.
Zivim u Irskoj koja slovi za zemlju s najmanjim porezom na dobit u EU (13,5%),a Hrvatsku pamtim kao zemlju s najvisim porezima u svijetu. Iskreno, tesko mi je povjerovati da je tako, ali ako Vas vise to tvrdi i ako se lako dade provjeriti evo stvarno sam ugodno zatecen.
Bit ce premalo se ljudi bavi kriptovalutama jos uvijek pa nisu namirisali povecanje placa saborskim zastupnicima.

Irska ima vece poreze od Hrvatske. Max porez na placu je u RH 36% dok je u Irskoj 40%. Porez na kapitalnu dobit je 33% dok je u Hrvatskoj 12+prirez ili 18+prirez ako ti ukupni dohodak u prosloj godini veci od ja neke granice.

Hrvatska ima veca davanja na placu, sam porez nije toliko strasan sa usporedbom na Irsku.

[cgrimalkin]

Croatia's corporate tax rate for 2015 is 20%.
Certain small companies pay a lower corporate tax rate.