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 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.

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.

The Ministry of Finance in Serbia has issued an official opinion that could bring relief to taxpayers involved in real estate transactions.

The new Law on Bankruptcy (Zakon o stečaju, Official Gazette of the Republic of Serbia, n.104/09) was enacted on 11 December 2009.

It is commonplace for foreign companies active in the Republic of Serbia to second their employees to the country via their affiliates or business partners.

We advise Serbian companies to seek professional advice in evaluating their current documentation practices' risk of non-compliance.

On March 9th, 2021, the Ministry of Finance announced explanation No. 413-00-3 / 2021-04 relating to the manner of calculating the annual income tax.

Facing a significant budget deficit, the Serbian Government plans to change the tax laws for the third time in the last 12 months

On 28 February 2025, the Serbian Ministry of Finance published the Regulation on Interest Rates Considered to Be in Line with the Arm's Length Principle for the year 2025 in the Official Gazette No. 17/2025.