Law on Determining the Origin of Property and Special Tax
The Law on the Determining the Origin of Property and Special Tax (hereinafter: the “Law”) was adopted by the National Assembly of the Republic of Serbia on 29 February 2020. The Law entered into force on 11 March 2020 and began with the application as of 12 March 2021. Prior to implementation of the Law, […]
Law on LTPTA, PTL, LCIT
In early December 2019, the National Assembly of the Republic of Serbia adopted a set of laws amending and supplementing the laws governing the area of tax, including: Law on Amendments to the Law on Tax Procedure and Tax Administration, Law on Amendments to the Property Tax Law and the Law on Amendments to the Law on Corporate Income Tax. The most important amendments to these laws…
Law on Amendments and Supplements to the Law on Personal Income Tax
The amended and supplemented Law on Personal Income Tax becomes applicable as of 1 January 2020, with the main aim to create a more favorable business climate in Serbia, i.e. increase employment and suppress the so-called ‘shadow economy’.
General Data Protection Regulation of the European Union
In April 2016, the European Parliament and the Council of the European Union adopted the Regulation on the protection of natural persons with regard to the processing of personal data and on the free movement of such data which shall apply starting from May 25th 2018. Although the Republic of Serbia is not a state member of the Union, the Regulation shall be applicable directly to certain business entities in the country.
Law on Amendments and Supplements to the Law on Personal Income Tax
The Law on Amendments and Supplements to the Law on Personal Income Tax has become applicable as of January 1st 2018, unless otherwise indicated. The purpose of the novelties envisaged by the Amendments to the Law is to incite entrepreneurship, eliminate obstacles for initiating and conducting business through the establishment of tax exemption, and reduce the gray market.
Law on Amendments and Supplements to the Corporate Profit Tax Law
The Law on Amendments and Supplements to the Corporate Profit Tax Law was adopted on December 14th 2017 by the National Assembly of the Republic of Serbia, and applies from January 1st 2018, except for provisions where another application date is indicated.
Law on Amendments and Supplements to the Value Added Tax Law
The Law on Amendments and Supplements to the Value Added Tax Law was adopted on December 14th 2017 by the National Assembly of the Republic of Serbia, and applies from January 1st 2018, except for provisions where another application date is indicated.
Law on Amendments and Supplements to the Law on Value Added Tax
In focus: On September 28th 2015, the National Assembly of the Republic of Serbia adopted the Law on Amendments and Supplements to the Law on Value Added Tax which entered into force on October 4th 2015 and became applicable on October 15th 2015, provided that provisions which pertain to submitting VAT tax returns and issuing approvals for a tax representative became applicable as of October 1st 2015.
Law on Amendments and Addendums to the Law on Property Taxes
In focus: Law on Amendments and Addendums to the Law on Property Taxes (hereinafter referred to as: the „Law“) was published in the Official Gazette of the Republic of Serbia no. 24/2011 and entered into force on April 12, 2011, whereas its provisions which pertain to the subject of taxation, the determination of tax rates and tax exemptions are in application from January 1, 2011.