Serbian Government to Raise Corporate Tax

BusinessEconomy ♦ Published: November 20, 2012; 12:58 ♦ (Vindobona)

The austerity pressure forces the Serbian government to increase taxes. Serbia´s corporate tax will move from 10% to 15%.

Serbian Government to Raise Corporate Tax / Picture: ©

Due to the budgetary crisis, Belgrade decides to increase the corporate tax. In the region, Serbia´s corporate tax is still moderate. Only Bulgaria (10%) will have a lower rate. Hungary´s corporate tax rate ranges from 10% to 50%. The effective tax rate depends on the size of the company. In the Czech Republic and in Slovakia, the tax rate comes at 19%. This year, Slovakia raised the…