There is a decrease, by €15, in the non-taxable amounts of per diem reimbursements for business travel. Accordingly, employers that pay per diems to employees for foreign business travel about a threshold of €15 must calculate salary tax, at a rate of 10% on the amount of the per diems above €15.
The change is reflected in a resolution published in the official gazette of Serbia, and is effective 14 October 2015.
Amounts paid as compensation for the costs of lodging on business trips (when a receipt is provided) will continue not to be subject to salary tax.
Read an October 2015 report [PDF 136 KB] prepared by the KPMG member firm in Serbia: Tax Alert
The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.