Croatia: Decrease of dividend withholding tax rate

24.12.2020

Clearstream Banking1 informs customers that effective

1 January 2021

a decrease of the statutory withholding tax rate on dividend payments from 12% to 10% will be provided through an amendment to the law published in Official Gazette No. 138/2020 signed by the Croatian government on 11 December 2020.

Impact on customers

The amended tax rate will be applicable for dividends distributed as of 1 January 2021.

Further information

For further information, customers may contact the Clearstream Banking Tax Help Desk or Clearstream Banking Client Services or their Relationship Officer.

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1. Clearstream Banking refers collectively to Clearstream Banking S.A., registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Trade and Companies Register under number B-9248, and Clearstream Banking AG (for Clearstream Banking AG customers using Creation Accounts), registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500.