Parliament ends income tax debate

The Serbian parliament has concluded the general debate on the Draft Law on Changes to the Law on Income Tax of Citizens.

Izvor: Beta

Monday, 01.06.2009.

09:52

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The Serbian parliament has concluded the general debate on the Draft Law on Changes to the Law on Income Tax of Citizens. As MPs met for an extraordinary session in Belgrade on Monday, they considered adopting the changes that would see lower taxes on royalties, which were first increased on May 8. Parliament ends income tax debate The changes then saw the figure go to 76.8 percent from 48.3 percent, while the increase now should be by 5.3 percent. For those gainfully employed, the non-taxable portion of their salary should now be down to 43 percent from 50 percent, instead of the 20 percent set by the previous changes to the law. MPs will reconvene tomorrow when a debate on amendments is expected to begin.

Parliament ends income tax debate

The changes then saw the figure go to 76.8 percent from 48.3 percent, while the increase now should be by 5.3 percent.

For those gainfully employed, the non-taxable portion of their salary should now be down to 43 percent from 50 percent, instead of the 20 percent set by the previous changes to the law.

MPs will reconvene tomorrow when a debate on amendments is expected to begin.

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