Amendments to the Law on Corporate Income Tax were adopted at the end of 2015, introducing an important new element relating to taxation of non-residents in Serbia. This new rule, which will be applied as from March 1, 2016, specifies that withholding tax at the rate of 20% will be paid on income generated by non-residents from residents, on the basis of fees for services provided or received, or to be provided or received in the territory of the Republic of Serbia. New Elements in Taxation of Non-Residents DOWNLOAD
