{"id":9603,"date":"2022-11-02T02:39:06","date_gmt":"2022-11-02T00:39:06","guid":{"rendered":"https:\/\/kriptomat.hr\/taxes\/"},"modified":"2026-01-23T16:31:41","modified_gmt":"2026-01-23T14:31:41","slug":"taxes","status":"publish","type":"post","link":"https:\/\/kriptomat.hr\/en\/taxes\/","title":{"rendered":"Taxes"},"content":{"rendered":"\t\t
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Tax on cryptocurrencies in Croatia<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Good afternoon and welcome to our new blog post about cryptocurrency taxes in the Republic of Croatia. In addition to Croatia, we will also briefly look at the situation with the taxation of cryptocurrencies in other countries of the world. We’ll agree with you \u2013 taxes aren’t the most exciting part of dealing with cryptocurrency, but “what’s there” \u2013 it’s up to us to master them together. <\/span><\/p>

Although they seem complex – today we will learn everything about payment – how, when and where<\/em><\/span><\/strong><\/span>?<\/span><\/p>

Well, and then there is no more room for fear and worry!<\/span><\/p>

Although the Republic of Croatia still does not have a clear law on cryptocurrencies, for now it is based on the EU law from 2013, according to which it settles accounts with crypto taxpayers. We will note – Croatia is definitely not ” <\/span>Friendliest<\/span><\/i>“A state for crypto traders and miners, but that doesn’t mean it won’t become one. Be that as it may, what is desirable for the further development of the tax law is cooperation between state tax authorities and the crypto community. <\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Basic tax terms<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Let’s get acquainted with the basic terms in order to understand what exactly you have to pay taxes on \ud83d\ude42<\/span><\/p>

Capital gain: <\/b><\/span>It refers to the difference between the buying and selling price of cryptocurrencies, and this amount is reduced by any transaction costs. In other words, it’s the gain you gained as the difference in the value of the cryptocurrency at the point when you <\/span> He invested in it<\/b>, in relation to the <\/span>value of the cryptocurrency<\/b> when he decided <\/span>to sell it. <\/b> <\/p>

Possible transaction costs that you are entitled to deduct:<\/b> <\/b> <\/span>According to the Income Act of 2021 – from capital gains, you have the right to deduct any capital losses, and you must pay tax on the obtained winnings in the amount of <\/span>10%<\/b>. This amount is then further increased by the surtax that is tied to a certain municipality or city. For example, Zagreb has the highest surtax rate of <\/span>18%,<\/b> followed by Split with <\/span>15%<\/b>. In \u0160ibenik, we are talking about <\/span>10%,<\/b> while in Samobor – there is no surtax. On the official website of the Tax Administration <\/span>Find out the surtax <\/a>for your location according to the address of<\/i> residence or temporary<\/i>residence.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Changing from one cryptocurrency to another<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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You are not obliged to pay taxes if you change e.g. Bitcoin for Ethereum, despite the capital gain being made. <\/span><\/p>

Let’s go, one example!<\/span><\/b><\/span><\/p>

Let’s say, you bought 10 bitcoins at a price of $600.00, which means that your total invested amount is $6,000.00. After a while, you decided to buy ethereum, and you exchanged those 10 units of bitcoin for 118 units of ethereum. In the next period, you decided to sell all 118 units of ethereum. The value you could achieve for 118 units at that time was 300,00.00 USD per unit, and you thus achieved a total of 35,400.00 USD. <\/span><\/p>

Now, this means that you <\/span>have made a capital gain by trading in the amount of $29,400.00.<\/span><\/p>

But, if, for example, you decided to sell instead of 118, for example, 50 units, in that case you would <\/span>count as the purchase value the proportional part of the value of bitcoin at which you made the exchange of cryptocurrencies from bitcoin to ethereum (in this case, it would be the value for 4 bitcoins).<\/i><\/p>

However – any change to cryptocurrency – whether in HRK or EUR from 2023 – is subject to tax. Why? This moment of conversion to fiat is taken as the moment of realization of capital gain. What we would suggest to any investor – the more experienced or less experienced, is to keep all cash flow receipts, whether digital or physical. So, you can always prove your source of income. <\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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How and when to pay tax on cryptocurrencies?\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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According to the current law, in our country, investing in cryptocurrencies is considered similar to investing in stocks from abroad – which means that you are obliged to report your earnings to the tax administration, submit a form, and pay the appropriate amount of taxes.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\"Crypto\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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The good news is that in these digital times, you can also file your tax online via<\/span> e-tax. <\/span><\/a>It is also necessary to fill out the predation JOPPD form, which you can download online on the <\/span>website of the Tax Administration<\/span><\/a>, and there you will find examples of successfully completed forms. <\/span> <\/p>

When do you report and when do you pay<\/b><\/span> taxes?<\/b><\/span><\/p>

For receipts earned in the previous calendar year, you report the tax in the form of a summary report of all transactions for that previous year, and no later than February of the current year. So, by February 2023, he should submit reports for 2022. We advise you to keep the documentation on the purchase and sale for a minimum of 6 years after the realization of capital gains or losses, because after that period there is a statute of limitations. <\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Mining and staking tax<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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In the case of occasional home mining or mining, the realized profit must be converted into kuna according to the middle exchange rate on the day of income acquisition (<\/span>i.e. into euros from 1.1.2023.<\/span><\/i>); then report the earnings as other income and pay taxes. <\/span> <\/p>

Mining or mining as a basic occupation<\/b><\/span><\/span> <\/span><\/p>

In<\/span> the event that mining becomes your main source of income, and you do this job continuously with the intention of making a profit over a longer period, you are obliged to register your self-employment.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Cases in which it is not necessary to pay tax on cryptocurrencies\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Generally speaking, if you own cryptocurrencies, you don’t pay taxes. What this means is that you are only required to pay taxes when you change your taxes. <\/span>cryptocurrencies in their possession for fiat currencies (HRK, EUR, etc.). Of course, only if capital gains were made during the change to fiat. <\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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