Income tax on agreed remuneration from copyrights and related rights and agreed remuneration for work performed, which is taxed by self-assessment and earned in the period from January 1, 2015, to December 31, 2021, is determined by a resolution of the Tax Administration. The annual non-taxable amount is 384,000.00 dinars, and standardized expenses are 50% of the realized income. The determined tax is paid in 120 equal monthly installments. The taxpayer is entitled to this “privileged” method of determining and paying taxes provided that:
- the statute of limitations for determining the tax obligation has not expired; or
- the procedure for determining the tax obligation has not been legally concluded; or
- before the entry into force of the Law on Personal Income Tax (Official Gazette of RS, No. 44/2021 – May 7, 2021), the tax obligation has not been paid in accordance with the regulations in force on the day the tax obligation arose.
