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Foreign Investors Council
47, Gospodar Jevremova Street, IV Floor, 11000 Belgrade, Serbia
Phone: +381 11 3281 958, 3281 965
e-mail: office@fic.org.rs

MENI

Recent Activities

26. September 2019.

Dragan Draca on Panel on Taxes

On September 26, Tax Committee President Dragan Draca promoted FIC views at the panel on the tax policy organized by Nova ekonomija magazine.

He drew attention to the importance of the business environment stability and predictability of tax system for business operations. “We note some improvement in regulatory framework, but there are also the areas with no improvement”, Draca said. As examples of improvement he cited taxing of the marketing expenses and solutions regarding the team building. On the other hand, lack of transparency and dialogue in the legislative process are among the issues to address, he said. He also tackled other important issues, including the plan for reform of the Tax Administration. In particular, he noted that transformation started few years ago but that there is a long way to go and that the key is to conduct organizational changes and strengthen capacity of the system in order to better understand the issues faced by the private sector. Some issues are very complex such as it is transfer prices and therefore the lack of knowledge of tax inspectors is evident. Draca also used this opportunity to present main data on FIC and its strengths. Other speakers at the panel “Tax Policy of Serbia - is it favourable for business and investments?” included Fiscal Council Member Nikola Altiparmakov, Economic Faculty professor Sasa Randjelovic and director of hotel company Mona Toma Momirovic. Panel was moderated by journalist Milos Obradovic and was followed by discussion and cocktail.

FIC Cocktail

FIC Cocktail on September 25
Sponsored By Konstruktor

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Guide to Foreign Investors Council in Serbia 2019/20

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