Agreement in principle on Tax Agreement between Japan and Croatia
1. The representatives 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 purpose 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 final text has been fixed and 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 the both countries ( in case of Japan, approval by the Diet).