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Newest updates on VAT Rulebook & Regulations for the import of equipment

VAT Rulebook & Regulations for the import of equipment

The Official Gazette of the Republic of Serbia has published new regulations related to the implementation of the Law on Value Added Tax (hereinafter: the VAT Law) relating to situations in which there is no obligation to issue an invoice, to release tax exemptions, keep records and review VAT returns, as well as the Regulation […]

Everything You Need to Know About the Proposed Lump Sum Taxation Regulations Updates

Lump Sum Taxation Regulations Updates

The National Alliance for Local and Economic Development (NALED) has proposed important changes to the state regarding lump sum taxation. More precisely, changes regarding adjusting the annual limit of 6 million dinars in accordance to type of business in question as well as the development of an automatized system for sending tax forms to suppress […]

Law on Tax Procedure and Tax Administration Adopted

Law on Tax Procedure

The Ministry of finance has proposed Amendments to the Law on Tax Procedure and Tax Administration (hereinafter the Law), with the aim to improve the realization and familiarization of taxpayer’s lawful rights as well as for the creation if a more effective Tax Administration system. Significant adopted amendments are: Tax administrative acts in electronic form: […]

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