On 30 March 2012 Tax Administration of the Republic of Serbia on its website issued a Statement that informs the public that from 01 April 2012, all VAT taxpayers, are allowed the electronic submission of VAT returns via the Internet portal of the Tax Administration of the Republic of Serbia.
The draft law provides increase of non-taxable income from 7,822 RSD to 10,000 RSD.
Ministry of Finance on its website has released Draft Law on Accounting (Draft). The most important changes in the Draft, in respect of taxation, is introduction of supervision of accounting activities of legal entities and entrepreneurs (Supervision) which are to be performed by the Tax Administration.