Taxes are an extremely significant aspect in banks’ operations, particularly in the environment of a complex taxation system such as the taxation system of Serbia, characterized by frequent amendments to tax-related regulations, numerous by-laws, and the need for additional interpretations.
To this end, as of 1 September 2013 a new group of operations was formed within the Association of Serbian Banks, focusing on the provision of professional assistance to banks in the process of implementing tax regulations in banking; launching initiatives for the adoption of laws and by-laws, as well as participating in their implementation.
The stated activities are mostly performed via the ASB Taxation Issues Committee, and in cooperation with other committees within the Association of Serbian Banks, depending on the issue under consideration.
The activities of the ASB Taxation Issues Committee include: