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COVID-19 Tax Relief Measures

COVID-19 Tax Relief Measures

Serbia
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The Government of the Republic of Serbia has introduced the first tax relief measures connected with the state of emergency due to COVID-19.

The measures include relief for all taxpayers to which payment of the taxes has been delayed pursuant to the Article 74 of the Tax Procedure and Tax Administration Law. Such taxpayers shall not lose the right to delay, the Tax Authority shall not enforce collection of due amounts and the interest shall not be calculated.

By Nikola Djordjevic, Partner, JPM Jankovic Popovic Mitic

JPM Jankovic Popovic Mitic at a Glance

JPM Jankovic Popovic Mitic is the leading law firm in Serbia, providing full service in Serbia and SEE region. Since 1991, we have been serving national and international clients from various industries in establishing, building and maintaining their business presence in Serbia and SEE. Our expertise, commitment, experience and the highest standard practice has been proven and recognized on the market. Our track record comprises numerous successfully completed landmark transactions in a developing and transitional economy. We are committed to finding solutions and providing flexibility of choice to our clients.

JPM is the founding member of Top-tier Legal Adriatic (TLA) a Vienna-based alliance of leading law firms operating in the Adriatic region. It is an association of independent business law firms with an excellent reputation obtained both locally and internationally, providing a full range of legal services to foreign and domestic clients hailing from various industries.

Firm's website: http://jpm.rs/

TLA website: http://toptierlegal.org/