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Effective from 1 January 2025, Croatia will introduce a new property tax law. This new law will replace the current vacation home tax and apply to all residential properties, with certain exemptions. Local governments will institute the new law and set tax rates within a specified range by taking into account property characteristics and other factors.

DLA Piper has advised Hochtief Group’s special purpose vehicle Private Partner on the public-private partnership for the design, construction, financing, and maintenance of multi-family residential buildings in Zory. Cieslak Law Firm advised the Municipality of Zory.

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