Serbia: Effective date of VAT recordkeeping | KPMG | GLOBAL

Serbia: Effective date of VAT recordkeeping, calculation rules is delayed

Serbia: Effective date of VAT recordkeeping

The Serbian Ministry of Finance announced that application of the new “rulebook” for value added tax (VAT) records and calculations is postponed until 1 July 2018.

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The new “rulebook” (as the guidelines are referred to under Serbian law) on VAT was published in the official gazette on 6 October 2017. The new rulebook concerns recordkeeping for VAT purposes and VAT calculations, and its provisions were scheduled to be effective beginning 1 January 2018. Read TaxNewsFlash-Europe

According to information provided by the KPMG member firm in Serbia, the Ministry of Finance posted an announcement on its website that postpones the effective date until 1 July 2018.

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