October 2024 - Creative Finance

Reimbursement of expenses and other costs to individuals who are not employed by the payer are considered other income subject to tax, in accordance with the provisions of Article 85, paragraph 1, item 13) of the Law on Personal Income Tax.

According to the current legislation in Serbia, an entrepreneur cannot be deleted from the Business Registers Agency if they have unsettled tax obligations, even in cases where the debt has been rescheduled...