Serbia: Update on income tax treaties

Serbia: Update on income tax treaties

Serbia’s network of income tax treaties has been expanded with an income tax treaty with Hong Kong and with application of the multilateral instrument (MLI) implementing tax treaty-related measures to prevent base erosion and profit shifting (BEPS).


As of 1 January 2021, there are 61 income tax treaties in effect between Serbia and other countries or jurisdictions.

Treaties with the following countries are amended to reflect MLI implementation:

Albania Austria Belgium Bosnia & Herzegovina
Canada Cyprus Czech Republic Denmark
Egypt Finland France Georgia
India Indonesia Ireland Kazakhstan
Latvia Lithuania Luxembourg Malta
Netherlands Norway Poland Qatar
Russia Slovakia Slovenia South Korea
Ukraine United Arab Emirates United Kingdom   

Read a March 2021 report [PDF 3.4 MB] prepared by the KPMG member firm in Serbia

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