Serbia published a series of 2020 Budget laws in the Official Gazette on 6 December 2019, which entered into force on 14 December.
For companies, one of the key changes is the introduction of Country-by-Country (CbC) reporting. This includes that ultimate parent entities of an MNE group resident in Serbia are required to submit a CbC report if the total consolidated revenue of the group expressed in consolidated financial statements for the preceding period is at least the RSD equivalent of …