On 20 June 2014, officials from Croatia and Luxembourg signed an income tax treaty. The treaty is the first of its kind between the two countries. Taxes Covered The treaty covers Croatian profit tax, income tax, and the local income tax and any surcharges. It covers Luxembourg individual income tax, corporation tax, capital tax and the communal trade tax. Withholding Tax Rates Dividends - 5% if the beneficial owner is a company directly holding at least 10% of the paying company's capital, otherwise 15% Interest - 0% if paid to a financial institution or collective investment vehicle, otherwise 10% Royalties...