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Arguments in Favor of a Double Taxation Treaty Between Croatia and the United States of America
Arguments in Favor of a Double Taxation Treaty Between Croatia and the United States of America
AmCham emphasizes the importance of concluding a double taxation treaty between Croatia and the United States, as no such treaty currently exists despite being standard in U.S. relations with partner countries.
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The absence of a treaty creates administrative and financial burdens, reduces business transparency, and hinders trade and investment. A treaty would encourage investment, facilitate knowledge transfer (especially in the IT sector), ensure fair treatment of individuals, and remove barriers for Croatian and U.S. companies. An analysis shows it would significantly reduce tax burdens. AmCham recommends initiating negotiations, as the treaty would boost competitiveness and make both countries more attractive for investment.