Serbian Fiscal Society prepared 9 amendments to the Draft Law on Changes and Amendments of the Enterprise Profits Tax Law and on 21 October 2008 forwarded them to Dr. Diana Dragutinović, Minister of Finance in the Government of the Republic of Serbia.
In addition, an alternative set of proposals concerning replacing the existing indirect tax credit provisions with the participation exemption in cases of inter-company dividends (and certain capital gains and royalties) has also been submitted.
Serbian Fiscal Society prepared 26 amendments to the Draft Law on Changes and Amendments of the Personal Income Tax Law and on 16 October 2008 forwarded them to Dr. Diana Dragutinović, Minister of Finance in the Government of the Republic of Serbia. In addition, a critical overview of certain tax policy aspects of the Draft Law has also been submitted.
At the invitation of the Romanian IFA branch, the President of the Serbian Fiscal Society Prof. Dr. Dejan Popović participated at its inaugural meeting in Bucharest from 15th to 16th of May 2008, and at the International Tax Conference on the Process of Simplification of European Taxation: Challenges and Opportunities, which was held on 15th May.
Address of the President of SFS – IFA Serbia branch (link)
On 30th October 2007, SFS organized a lecture by Prof. Rick Krever from the Monash University of Melbourne on the topic: „Impact on businesses of the shift to international accounting standards and differences between international accounting standards and tax laws“
During September 2007 members of SFS participated in the drafting of proposals for the amendments to the Corporate Income Tax Law and the Personal Income Tax Law. The suggestions of SFS were delivered to the Ministry of Finance on 5th October 2007, out of which a significant number were accepted.