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Update - Tax Treaty between Croatia and Turkmenistan

27 April 2015

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Treaty Development

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Croatia-Turkmenistan

On 29 April 2014, officials from Croatia and Turkmenistan signed an income tax treaty. This treaty is the first of its kind between the two countries and is not yet in force. Taxes Covered The treaty covers Croatian profit tax, income tax, local income tax, and any other surcharges. It covers Turkmen tax on profits (income) of juridical persons, and tax on income of individuals. Withholding Tax Rates Dividends - 10% Interest - 10% Royalties - 10% Capital Gains The following capital gains derived by a resident of one Contracting State may be taxed by the other State: Gains from...