On 5 October 2017, the Croatian government approved the pending income tax treaty with the United Arab Emirates. The treaty, signed 13 July 2017, is the first of its kind between the two countries.
Taxes Covered
The treaty covers Croatian profit tax, income tax, and the local income tax and any surcharges. It covers U.A.E. income tax and corporate tax.
Income from Hydrocarbons
Article 3 (Income from Hydrocarbons) provides that the treaty will not affect the right of either one of the Co…