Serbia: Changes to property taxes law

Effective 1 January 2023

Effective 1 January 2023

The Serbian Parliament on 9 December 2022 adopted amendments—effective 1 January 2023—to the law on property taxes that concern:

  • Depreciation of an “additionally built” structure in case of a taxpayer who does not keep business books
  • Classification of garages where registered activity is carried out
  • Specifying rules for assessing a tax base
  • Occurrence of a tax liability
  • Right of permanent usage of a parking unit as a subject of inheritance and gift tax and real estate transfer tax
  • Postponement of the deadline for transfer of competence from the tax authority to the local municipality unit for assessment, collection and audit of inheritance and gift taxes and real estate transfer tax

Read a December 2022 report [PDF 296 KB] prepared by the KPMG member firm in Serbia

 

 

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