After Ministry of finance has issued ruling no. 011-00-12/2019-04 on February the 1^st 2019 on the tax treatment of reimbursement of commuting expenses, American Chamber of Commerce in Serbia has sent a letter to the Ministry of finance in order to clarify certain part of issued ruling with respect to the determination of what should be considered as a credible accounting document for the purpose of proving commuting costs’ reimbursement. (more…)

Rulebook on tax exemption from salary tax with respect to organizing recreational, sport and other activities for the employees

On 12 July 2019, Minister of finance has issued Rulebook on tax exemption from salary tax with respect to organizing recreational, sport and other activities for the employees, which more closely defines the application of the exemption from Article 18a of the Personal Income Tax Law. (more…)