On 7 September 2026, the Serbian Tax Administration released a comprehensive set of clarifications regarding available tax relief measures for the 2026 fiscal year. The guidance addresses recent amendments to the Corporate Income Tax Law, Personal Income Tax Law, and VAT Law, providing detailed interpretations on eligibility criteria, application procedures, and documentation requirements for various incentives. These include incentives for investment in underdeveloped regions, R&D expenditures, employment of specific categories of workers, and VAT exemptions for certain medical and educational services.
Key Takeaways
- Expanded Investment Incentives: The clarification confirms that tax credits for capital investments in qualifying regions now cover up to 80% of the invested amount, with a ten-year carryforward period for unused credits.
- R&D Super-Deduction Rules: Taxpayers can claim a 200% deduction for qualified R&D expenses incurred in 2026, provided they obtain prior certification from the Ministry of Science.
- VAT Exemption Procedures: New procedural rules require suppliers to submit a formal request for VAT exemption on medical services at least 30 days before the first supply, accompanied by relevant licenses.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement