Skip to main content

Serbia: Amendments to excise tax law include gradual increase in excise taxes on tobacco products

Applicable from January 1, 2026

Share
december 29, 2025

The National Assembly on December 3, 2025, adopted amendments to the excise tax law. The law was published in the Official Gazette on December 4, 2025, became effective on December 12, 2025, and is applicable from January 1, 2026.

The amendments include a gradual increase in excise taxes on cigarettes, tobacco, and related products from 2026 to 2030.

Read a December 2025 report prepared by the KPMG member firm in Serbia

Thank you!

Thank you for contacting KPMG. We will respond to you as soon as possible.

Contact KPMG

Use this form to submit general inquiries to KPMG. We will respond to you as soon as possible.
All fields with an asterisk (*) are required.

Job seekers

Visit our careers section or search our jobs database.

Submit RFP

Use the RFP submission form to detail the services KPMG can help assist you with.

Office locations

International hotline

You can confidentially report concerns to the KPMG International hotline

Press contacts

Do you need to speak with our Press Office? Here's how to get in touch.

Headline