WASHINGTON D.C. – National Foreign Trade Council (NFTC) Vice President for International Tax Policy Anne Gordon today issued a statement following the signing in Croatia of a protocol amending the 2022 U.S.-Croatia Tax Treaty.
“We welcome news that the United States and Croatia have signed this protocol, which includes critical updates to the agreement signed back in 2022, such as the amendments to the articles on the Limitation on Benefits and Relief from Double Taxation.
“Tax treaties are crucial to the competitiveness of U.S. companies in the global economy. We hope that this move continues the momentum for other important pending tax treaties currently being negotiated.
“Thank you to Treasury for their work in addressing business community concerns through this protocol, and we urge the Senate to quickly consider and ratify the treaty and protocol once transmitted.”
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About the NFTC
The National Foreign Trade Council (NFTC) is the premier business association advancing trade, tax, national security and supply chain policies that support access to the global marketplace. Founded in 1914, NFTC promotes an open, rules-based global economy on behalf of a diverse membership of U.S.-based businesses, who account for over $6 trillion in revenue and employ nearly 6 million people in the United States.
