Project description:
The goal of the project was to present and compare taxation in Croatia and in some European countries, and to investigate whether there are any special tax solutions in foreign systems that could be applied in Croatia and that would be able to contribute to improving tax efficiency as well as the satisfaction of taxpayers.
In the last decade, sports, or sports activities, have become a strong economic branch not only in the economies of individual countries, but also on an international scale. The importance of sports can be attributed to the huge amount of capital that is invested or already exists in this activity. This includes sums of money and transactions invested in business regardless of the source (private or public), numerous capital facilities intended for the performance of these activities, sponsorships, donations, various foundations (private and state), awards and compensations to athletes, transfers, lottery funds and different prize games. In addition to the economic aspect, the number and diversity of all participants (natural and legal persons) involved in sports around the world cannot be ignored.
Athletes, along with artists, are most likely the most mobile category of the working population that performs their activities simultaneously in several countries, even on several continents. Their incomes are numerous, but also come from different sources. Therefore, it is not surprising that the attention of tax administrations around the world is focused on monitoring, but also on the methods and ways of taxing this generous tax source. At the same time, coordination and harmonization of taxation between countries is necessary in order to satisfy the fundamental principles of taxation such as fairness, equality, simplicity and efficiency. Therefore, tax regulations must be clear and precise in order to avoid different implementation and treatment that would make the already complex matter of taxing athletes and sports activities even more difficult.