Serbia Corporate Tax Changes for 2019 Including New Depreciation Rules and Introduction of an IP Regime

Serbia has introduced several corporate tax changes for 2019, which include:

• The depreciation rules are amended so that all fixed assets must be depreciated on a straight-line basis, with the depreciation rates prescribed as follows:
  • Group I – 2.5%
  • Group II – 10%
  • Group III – 15%
  • Group IV – 20%
  • Group V – 30%
• For depreciation purposes, it is provided that:
  • Where the depreciation amount determined for accounting purposes is lower than the depreciation amount determined for tax purpose using t…