Individual - Foreign tax relief and tax treaties

Last reviewed - 01 April 2024

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

For a full list of Serbian Double Tax Treaties please see Withholding taxes in the Corporate - Withholding taxes section.