The U.S. Department of the Treasury has announced the signing of an income tax treaty with Croatia on 7 December 2022. The treaty is the first of its kind between the two countries. Taxes Covered The treaty covers Croatian profit tax, income tax, and local income tax, and covers U.S. Federal income taxes imposed by the Internal Revenue Code (which do not include social security and unemployment taxes) and the Federal taxes imposed on the investment income of foreign private foundations. Withholding Tax Rates Dividends - 5% if, for the twelve-month period ending on the date on which the entitlement...