An interesting piece of news in the sphere of tax law has recently been provided by the Court of Justice of the European Union decision that found Portuguese withholding tax rules to be breaching EU law.

The new fiscalisation model in Serbia is to be applied on January 1st 2022.

It is believed that the new rulebook drastically and unnecessarily increases the level of complexity of records.

Serbia and San Marino signed a DTT on April 16, 2018, thus effectively resulting in the removal of San Marino from the Serbian list of countries with a preferential tax regime.

On 14 April 2021 the Official gazette of the Republic of Serbia No.37 published that the Ministry of Finance of Serbia adopted a Rulebook on the Value Added Tax.

Serbia Managing Director Jelena Cuk and VAT expert Jacek Szufan outline some key aspects of the draft Law on Amendments of the VAT Law which has been forwarded to the Serbian Parliament for adoption.

An interesting trend can be noticed recently as the Serbian Tax Administration and Tax Police have raised their level of activity in conducting routine tax inspections in companies across the country.

The agreement is based on a standard contract model of the OECD Model Convention and it applies to corporate profit tax, income tax and property tax.

Serbia and Japan recently signed "Agreement on Elimination of Double Taxation with respect to Income Taxes and Prevention of Tax Evasion and Avoidance" in Belgrade.

The Serbian Ministry of Finance has introduced significant amendments to the Income Tax Law, specifically targeting non-taxable amounts. Effective from February 1, 2024, to January 31, 2025...

The Official Gazette of Republic of Serbia No. 28/2015 published on March 20, 2015, announced the amendments to the Rulebook on the tax return form for the assessment of personal income tax due.

Starting 1 January 2025, several key updates to Serbia's tax and contribution regulations have come into effect. These changes, introduced via amendments to the Law on Citizens' Income Tax...

The Republic of Serbia's National Assembly recently gave the green light to stirring amendments in both the Personal Income Tax Law and the Law on Social Security Contributions.

On April 19th, 2018, the Serbian Parliament adopted the Law on Amendments to the VAT Law.

The Serbian Ministry of Finance has issued a recent official opinion that holds potential advantages for individuals interested in reinvesting the proceeds from the sale of real estate.

The Director of the Tax Administration publishes every March a tax inspection plan, pursuant to Article 118 of the Law on Tax Procedure.

The new year brought several changes in the set of tax laws in the Republic of Serbia.

As of February 26, 2024, the Ministry of Finance in Serbia has released crucial information regarding the non-taxable amounts applicable to the annual tax return for incomes earned in 2023.

One of the incentives introduced is the abolishment of the 10% limit on the deductibility of advertising and promotional expenses recognized as expenses in the tax balance sheet.

On 24 February 2016, Serbia expanded its double tax treaty network by ratifying the Agreement for the avoidance of double taxation with respect to taxes on income, signed with the Republic of Korea on 22 January 2016.