DTT with Turkmenistan enters into force

Zagrebacka Banka d.d.
Summary: 
Double tax treaty between Croatia and Turkmenistan entered into force and will be applicable as of 1 January 2016.
Thu, 15/10/2015

 

The Double Tax Treaty (DTT) concluded between Croatia and Turkmenistan entered into force on 6 April 2015 and will become effective as of 1 January 2016.      

The applicable rates according to the DTT are as follows:

•    Dividends: 10%

•    Interest: 10%  

Impact on investors: Eligible tax residents of Croatia and Turkmenistan will be able to enjoy preferential DTT rates as of 1 January 2016.