Tax Treaty between Bosnia and Herzegovina and Romania has Entered into Force

The income tax treaty between Bosnia and Herzegovina and Romania entered into force on 18 May 2018. The treaty, signed 6 December 2016, replaces the 1986 tax treaty between Romania and the former Yugoslavia as it applies in respect of Bosnia and Herzegovina and Romania.

Taxes Covered

The treaty covers Bosnia and Herzegovina individual income tax and enterprise profit tax, and covers Romanian tax on income and tax on profit.

Withholding Tax Rates

• Dividends - 5% if the beneficial owner is…