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Update - Tax Treaty between Croatia and India

20 March 2015

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Treaty Development

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Croatia-India

The income tax treaty between Croatia and India entered into force on 11 February 2015. The treaty, signed 12 February 2014, is the first of its kind between the two countries. Taxes Covered The treaty covers Croatian income tax and profit tax, and Indian income tax including any surcharges. 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 - 10% Royalties and Fees for Technical Service - 10% Capital Gains Taxation The following capital gains derived by a resident of one Contracting State...