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Tax Agreement with Croatia Agreed in Principle

March 20, 2018

Ministry of Finance

Tax Agreement with Croatia Agreed in Principle

[Provisional translation]

1.  The delegates of Japan and the Republic of Croatia have agreed in principle on the tax agreement between Japan and the Republic of Croatia.

2.  This Agreement includes provisions for the purposes of clarifying the scope of taxation in the two countries, eliminating international double taxation and preventing tax evasion and avoidance and is expected to promote further mutual investments and economic exchanges between the two countries.

3.  This Agreement will be signed after the necessary internal procedures have been completed by the two countries. Thereafter, the Agreement will enter into force after the completion of the approval process in both countries (in the case of Japan, approval by the Diet is necessary).