Hungary ratifies amending protocol to the income and capital tax treaty with Serbia
The President of Hungary has enacted Law No. XLV of 2024, ratifying the amending protocol to the Hungary-Serbia Income and Capital Tax Treaty (2001). The law was published in Official Gazette Magyar Közlöny No. 113 on 13 November
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Serbia approves protocol amending 2001 tax treaty with Hungary
The Serbian government approved the protocol amending the 2001 income and capital tax treaty with Hungary on 31 October 2024. The protocol includes clarifications on several key terms. Specifically, it defines that in the context of relations
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Hungary ratifies amending protocol to tax treaty with Serbia
Hungary’s parliament has ratified the protocol amending Hungary's tax treaty with Serbia on 4 November 2024. The protocol is expected to expand cooperation between the two nations, facilitate stronger business relations, and combat tax
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Serbia proposes changes to corporate tax law for liquidation, bankruptcy
Serbia’s Ministry of Finance has released draft amendments to the Corporate Income Tax Law, clarifying the procedures for submitting tax returns during liquidation, bankruptcy, and status changes. The draft is yet to be presented to the
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Serbia: No electronic input VAT recording needed for September 2024 tax period
Serbia’s Ministry of Finance announced on 9 October 2024 that users of the electronic invoicing system (SEF) will not be required to record input VAT electronically for the September 2024 tax period, citing technical issues. The ministry
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Hungary, Serbia sign amending protocol to tax treaty
Hungarian and Serbian have signed an amending protocol to their income and capital tax treaty on 8 October 2024 in Budapest, as reported in a release from the Serbian Ministry of Finance on the same day. The protocol was signed by Norbert Izer,
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Switzerland ratifies tax treaty protocol with Serbia
The Swiss National Council (lower house of parliament) approved the ratification of the protocol to the 2005 tax treaty with Serbia on Wednesday, 25 September 2024. The DTA was concluded at a time when Serbia and Montenegro still formed a single
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OECD: Report on Simplified Peer Review of Serbia under BEPS Action 14
Under Action 14 of the OECD project on base erosion and profit shifting (BEPS), members of the OECD Inclusive Framework have committed to implementing the minimum standard on strengthening the effectiveness and efficiency of dispute resolution
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Serbia announces amendments to e-invoicing rulebook
Serbia’s Ministry of Finance released updates to the electronic invoicing (e-invoicing) rulebook in the official gazette no. 65/2024 on 2 August 2024. These amendments will take effect from 1 September 2024, with specific provisions concerning the
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Serbia releases 2024 arm’s length interest rates rulebook
Serbia’s Ministry of Finance has issued the rulebook on arm’s length interest rates for 2024. It was published in the official gazette on 31 May, 2024, and will take effect on 8 June, 2024. The rulebook sets distinct interest rates for
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Serbia introduces new eco tax decree
Serbia has recently enacted a new decree outlining criteria for assessing the negative environmental impact of business activities and determining the corresponding Environmental Protection Fee, also known as the Eco Tax. The decree categorises
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OECD: Peer Review Report on Tax Transparency and EOI in Serbia
On 8 November 2023 the OECD’s Global Forum published the second-round peer review report on Serbia’s implementation of the standard on transparency and exchange of information (EOI). The report assesses the legal and regulatory framework at 4
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Serbia amends the law to ratify BEPS MLI
On 27 July 2023, Serbia published in the Official Gazette Decree No. 78 of July 2023, approving amendments to the Law on Ratification of the Multilateral Convention on the Implementation of Tax Treaty-Related Measures to Prevent Base Erosion and
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Serbia: MoF adopts arm’s length interest rates for 2023
On 29 March 2023, the Serbian Ministry of Finance has approved the rulebook on arm’s length interest rates for 2023. The rulebook will be effective from 6 April 2023. Interest rates in accordance with “arm’s-length” principle that applies
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Serbia: Ministry of Finance release arm’s length interest rates for 2022
On 16 December 2022, the Serbian Ministry of Finance published the Rulebook on arm’s Length interest rates applicable for 2022 that applies to related parties’ loans. The rulebook comes into force on 24 December 2022. Taxpayers can use the
See MoreOECD: Stage Two Peer Review Report on Serbia under BEPS Action 14
On 24 January 2022 the OECD’s Inclusive Framework released the stage 2 peer review report on Serbia’s compliance with the minimum standard under Action 14 of the project on base erosion and profit shifting (BEPS). The minimum standard under
See MoreSerbia publishes rulebook on updating transfer pricing rules
On 1 October 2021, the Serbian Ministry of Finance has published the updated rulebook on transfer pricing. The updated rulebook includes the more detailed guidance regarding CbC report including the conditions, content, and manner of submitting
See MoreSerbia: MOF releases arm’s length interest rates for 2021
On 19 March 2021, the Serbian Ministry of Finance has published the Rulebook on Arm’s Length Interest Rates applicable for 2021 that applies on related parties’ loans. Rulebook comes into force on 27 March 2021. Taxpayers can use
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