The National Assembly of the Republic of Serbia adopted Amendments to the Law on Charges for Usage of Public Resources which was published in the Official Gazette of the Republic of Serbia, No. 92/2023.
The Law is effective as of 1 January 2024.
An overview of significant changes related to the fee for protection and improvement of the environment (“Eco Tax”) is provided below.
New deadline for submission of Eco Tax return
Amendments to the Law on Charges for Usage of Public Resources prescribe a new deadline for submission of the Eco Tax return.
The taxpayer liable for Eco Tax is obliged to submit until April 30 an application for assessing the fee to the local municipality unit (‘’LMU“) on whose territory the taxpayer performs activity.
Thus the deadline by which the Eco Tax return should be submitted is shortened, from July 31 to April 30.
New method of payment of Eco Tax
Amendments to the Law on Charges for Usage of Public Resources prescribes that Eco Tax is paid quarterly, in the amount specified in the LMU’ assessment in proportion to the number of days in the quarter for which the fee is paid based on the obligation assessed for the calendar year. The quarterly obligation for payment of Eco Tax is due within 15 days from the end of the quarter.
Until the assessment on the amount of the Eco Tax for FY 2024 is issued by an LMU to the taxpayer, the taxpayers should pay a monthly advance in the amount of monthly liability for the previous year.
Branch office of a foreign legal entity as a taxpayer of Eco Tax
Amendments to the Law on Charges for Usage of Public Resources stipulate that, inter alia, the branch of a foreign legal entity is required to pay the fee for the protection and improvement of the environment.
If you have any questions or you need assistance of our tax professionals, please contact us at tax@kpmg.rs
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KPMG Tax & Legal Department
KPMG d.o.o. Beograd
Milutina Milankovića 1J
11 000 Belgrade, Serbia
T: +381 11 20 50 500
F: +381 11 20 50 550
tax@kpmg.rs
