The novelties in the VAT system
The Government of the Republic of Serbia adopted the Draft Law on Amendments to the Law on VAT, whose implementation is expected by 1 January 2020. Some of the proposed changes include: [...]
Recreation, sports events and employee activities
The Ministry of Finance adopted the Rulebook on exercising the right to tax exemption based on organization of recreation, sports events and employee activities („Official Gazette of RS“, no. 50/2019) [...]
Law on Dual Education | The treatment of the compensation earned by students who perform work-based learning
The Opinion of the Ministry of Finance no. 011-00-353 / 2019-04 from 3 July 2019, which was published on July 3, defined the treatment of income received based on the [...]
Business planing with lump-sum taxation
"Pausal" is a term that refers to an entrepreneur who has chosen a lump sum taxation system, payment of taxes and social contributions. Unlike entrepreneurs who are “bookkeepers”, “Pausal” freelancers [...]
The Rulebook on conditions and the method of excluding qualified income from corporate income tax base
The Ministry of Finance published the Rulebook on conditions and the method of excluding qualified income from corporate income tax base (the Rulebook) on 9 July 2019, which entered into [...]
The Rulebook on conditions and method of exercising the right to recognition of costs directly related to research and development in the tax balance in double increased amount GalleryThe Rulebook on conditions and method of exercising the right to recognition of costs directly related to research and development in the tax balance in double increased amount
The Rulebook on conditions and method of exercising the right to recognition of costs directly related to research and development in the tax balance in double increased amount
The Ministry of Finance published the Rulebook on conditions and method of exercising the right to recognition of costs directly related to research and development in the tax balance in [...]
Exemptions of the obligation to pay contributions related to the foreign founders and legal representatives
The following conditions must be fulfilled in order to exercise the right to the exemption: The foreigner must be employed in his own country and possess the proof of employment [...]
Confida News | Offshore Economic Substance Requirements
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 [...]
Confida news | Employee transportation costs
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 [...]
Mutual agreement procedure as per double taxation avoidance treaties
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 [...]