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Croatia plans zero VAT rate on investments in solar panels

Aug 18, 2022, 5:34:21 PMArticle by Annie Tsoneva
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August 18 (SeeNews) - The Croatian government plans to cut to zero the value added tax (VAT) rate on investments in solar panels in a move to secure the country's long-term energy supply, prime minister Andrej Plenkovic said on Thursday.

Croatia plans zero VAT rate on investments in solar panels
Solar panels by E.Оn at Istra Premium Camping Resort by Valamar

“Everyone who wants to invest in solar panels will have an opportunity to do so without a value added tax,” Plenkovic told a weekly cabinet meeting, as seen in a video recording on the government web site.

Currently, the general VAT rate in Croatia is 25%.

As of April 1, the government cut VAT on the sales of heating energy permanently to 13% from 25% and slashed VAT on natural gas from 25% to 5% from April 1, 2022 to March 31, 2023, before rising to 13% afterwards as part of its measures to tackle soaring energy prices.

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