Serbia

Individual - Foreign tax relief and tax treaties

Last reviewed - 29 July 2020

Foreign tax relief

Serbian residents are taxed on their worldwide income. When income generated in another country is taxed there, the taxpayer has the right to decrease the tax liability by claiming a tax credit to the tax authorities in Serbia. This tax credit is equal to the tax paid in another country, but it cannot exceed the amount of the tax that would have been paid in Serbia.

Tax treaties

Serbia has double tax treaties (DTTs) with the following countries:

Albania Greece North Korea
Armenia Hungary Pakistan
Austria India Poland
Azerbaijan Indonesia Qatar
Belgium Iran Romania
Belorussia Ireland Russia
Bosnia and Herzegovina Italy Republic of Korea
Bulgaria Israel Slovak Republic
Canada Kazakhstan Slovenia
China Kuwait Spain
Croatia Latvia Sri Lanka
Cyprus Libya Sweden
Czech Republic Lithuania Switzerland
Denmark Luxembourg Tunisia
Egypt Malta Turkey
Estonia Moldova Ukraine
Finland Montenegro United Arab Emirates
France Netherlands United Kingdom
Georgia North Macedonia Vietnam
Germany Norway