US-Croatia Tax Treaty Likely to Be Signed by End of Year

A new tax treaty between the US and Croatia likely will be signed and made public before the end of the year, a Treasury official said Tuesday.

Treasury’s remaining work on the treaty includes certifying the Croatian translation, said Henry Louie, deputy to the international tax counsel (Treaty Affairs) at the US Treasury, speaking at an online event hosted by the International Tax Institute.

After a tax treaty is signed, it must be ratified by both countries. In the US, this requires approval by the Senate.

Treasury is also in treaty discussions with Switzerland and Israel, Louie said. While ...