| Abstract (english) | It is falsely believed that immovable property is subject only to the so-called ownership tax, as other taxes should also be considered, such as the immovable property transfer tax, inheritance and gift tax, taxes on income from the rental and sale of immovable property. There are as many as fi ve diff erent types of tax currently levied on immovable property in Croatia. 2. These fi ve types of tax are mainly local taxes, producing relatively small revenues in Croatia: in 2010, immovable property tax revenues, raised by the counties, cities and municipalities accounted for as litt le as 905 million kuna (6.9% of total local tax revenues, or 0.8% of total tax and social security contributions revenues in Croatia). However, even in EU27, these taxes account for the smallest share of total collected tax revenues, and produce six time less revenue than, e.g. VAT or personal income tax. 3. The immovable property ownership tax was widely applied in Croatia as early as the 1980s, and was charged on residential buildings, business premises and vacation houses. However, it failed to produce the desired eff ects, due to: 1) the unrealistic assessment of the tax base; 2) incomplete property records; and 3) weaknesses in the work of the Tax Administration. Maybe the last century’s experience will come in handy for us today |
