The Hong Kong Inland Revenue Department has announced the signing of an income and capital tax treaty with Croatia on 24 January 2024. The agreement is the first of its kind between the two jurisdictions.
Taxes Covered
The treaty covers Croatian profit tax, income tax, surtax on income tax, and tax on vacation houses. It covers Hong Kong profits tax, salaries tax, and property tax.
Withholding Tax Rates
- Dividends - 5%, with an exemption for dividends paid to the government of a Contrac…