On 27 February 2015, the Serbian Ministry of Finance published the draft rulebook containing the arm's length interest rates for related party loans. The rates apply for related party financing in 2014 regardless of the year the financing was granted. The rates, which vary by taxpayer type, loan type, and the denomination of the loan, are summarized as follows:
For banks and leasing companies: all loans
- RSD denominated loans - 7.14%
- EUR denominated loans - 4.39%
- USD denominated loans - 3.1…