Hong Kong, China, 8th Aug 2023 – Learn about CFMAP’s acceptance in Croatia of the local government’s legal requirement to charge 25% e-commerce VAT on top-up purchases of members made with a bank card, effective from the 15th of August. This article will give you a detailed overview of the top-up amounts and tax regulations, and discuss how to avoid the additional tax by using USDT for top-ups.
CFMAP (mappraise marketing platform) is a leading global platform dedicated to providing professional marketing and online work. Recently, the platform announced that it will accept the requirements of the local Croatian government regarding legal taxation.
According to the new regulation, from 15 August 2023, all users who use bank cards for top-up purchases of memberships will be required to pay 25% e-commerce VAT. For example, if you choose to top up with $100, the amount you will receive will be $100 minus 25% e-commerce VAT. The actual amount will be $75.
However, in order to meet the needs of our global users, CFMAP also offers an alternative top-up method that avoids additional taxes by using USDT, a stable currency that is anchored one-to-one with foreign currencies such as the US Dollar, and therefore will not be subjected to additional taxes when top-ups are made or memberships are purchased.
By using USDT, users can enjoy a fast and convenient process and not have to worry about additional taxes.CFMAP is committed to providing the best financial data analytics services to users around the globe and the implementation of this VAT regulation will help the Croatian government to maintain normal fiscal operations.
When completing the top-up process, please ensure that you understand the tax regulations in detail and choose the appropriate top-up method for your individual needs.CFMAP will continue to work with governments around the world to comply with local tax regulations and is committed to providing the best financial data analytics services.
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Country: China
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