author_orbitax
Orbitax

Share This Article

Croatia Approves Tax Treaty with India

24 June 2014

|

Treaty Development

|

Croatia-India

On 13 June 2014, the Croatian Parliament approved the law ratifying the tax treaty with India. The treaty was signed 12 February 2014 and is the first of its kind between the two countries. Taxes Covered The treaty covers income taxes of both countries. Withholding Tax Rates Dividends - 5% if the beneficial owner is a company holding at least 5% of the paying company's capital, otherwise 15% Interest - 10% Royalties - 10% Entry into Force and Effect The treaty will enter into force 30 days after the ratification instruments are exchanged. It will apply for Croatia from 1...