INDIVIDUAL TAXATION
Nonresidents are taxed on their income from Serbian sources. Married couples are taxed separately.
INCOME TAX
Rental income and capital gains earned by nonresidents are taxed at a flat rate of 20%. Income-generating expenses are deductible when computing for the taxable income.
RENTAL INCOME
Rental income earned by nonresidents is subject to provisional withholding tax at a flat rate of 20%. A fixed 20% lump-sum deduction from the gross income is available for income-generating expenses.
CAPITAL GAINS
Capital gains realized by nonresidents from the sale of Serbian property are taxed at a flat rate of 10%. The taxable gain is the selling price less the acquisition price (as revalued by the consumer price index) and depreciation costs.
PROPERTY TAX
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TAX BASE
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TAX RATE
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Up to 58 498 euros
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0,4%
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58 498 euros - 146 244 euros
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0,8%
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146 244 euros - 292 489 euros
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1,5%
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Over 292 489 euros
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3%
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Source: http://www.globalpropertyguide.com/Europe/Serbia/Taxes-and-Costs