End of June is the expiry date for a grace period for off-shore jurisdictions in implementing economic substance requirements. The OECD document "Resumption of Application of Substantial Activities Factor to [...]
On 25 April 2019, the Tax Authorities issued an official notice to the Serbian Chamber of Commerce regarding the issue employee’s transportation cost taking into consideration the Ministry of Finance [...]
The Ministry of Finance published the Explanation regarding Mutual Agreement Procedure (“MAP”) as per Double Taxation Avoidance Treaties (“DTTs”). MAP as per DTTs is an international procedure which provides a unique application of DTTs. This procedure [...]
There has been a dilemma in practice if the transporter is obliged to determine if the transport fee is included in an import VAT base in order to apply for [...]
The Draft Law on Alternative investment funds has been put on public debate. In Serbia, there isn't currently Law on Alternative Investment Funds only the Law on Investment Funds. The biggest difference [...]
The new law regulates issues regarding sick leave. The novelty is that the chosen doctor determines the temporary prevention for work up to 60 days, instead of 30 as it [...]
We want to remind all taxpayers who keep books and determine the property tax by self-taxation, that the deadline for electronic submission of tax returns for legal entities (PPI1 form) [...]
Serbian Ministry of Finance issued on 28 February 2019 new Rulebook which defined the interest rates which are for the purposes of corporate income tax for 2018 considered to be [...]
Unlike previous years, the non-taxable amount for annual income tax for citizens for 2018 will be known at the end of February 2019. Due to the new method for calculation [...]
What is GDPR? GDPR is a general regulation for all EU member states which tell us how to use personal data. It sets new standards in the field of personal [...]
