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Advocacy

Ernst & Young welcomed AmCham HR Committee to a presentation: ‘Foreign Citizens Working in Serbia’

10.05.2013.

On May 9, HR Committee members had the opportunity to hear experts from Ernst & Young, Jovan Petrovic and Verica Bogdanovic, speak on various aspects of working relations with foreigners, focusing on tax issues.

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Advocacy

AmCham proposed suggestions could solve problems of enforcement of the Law on deadlines for settlement of financial obligations in commercial transactions relating to financial transactions

10.05.2013.

The AmCham Finance Committee sent a letter to the Ministry of Finance and Economy suggesting proposals which would exclude financial transactions from the scope of the Law.

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Advocacy

AmCham letter to Ministry of Finance and Economy Advocates Changes of its Opinion on SWAPs

10.05.2013.

AmCham’s Finance and Tax Committee prepared joint letter for the Ministry of Finance and Economy stating the negative effects of the Ministry’s opinion from 2009, interpreting Article 40 of the Corporate Income Tax (CIT) Law, related to the tax treatment of premium payments under the option contract for protection against changes of interest rates.

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Advocacy

AmCham Members Invited to Submit Tax Related Issues for Tax Administration

30.04.2013.

On 18 April 2013 Director of Tax Administration Igor Simič has officially appointed Igor Lončarević, Chair of the Tax Committee in AmCham as a member of Advisory Board of the Director of Tax Administration

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Advocacy

AmCham Finance Committee initiates conclusion of a bilateral agreement with the U.S. aimed at harmonization with Foreign Account Tax Compliance Act (FATCA)

25.04.2013.

Due to the different requirements of international and domestic regulations in the area of data protection and banking secrecy, financial institutions operating in Serbia have been put in a position of conflict.

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