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Income tax and contributions now have to be paid by YouTubers, influencers and all those doing business online

News - Oct 13, 2020

The Tax Administration of Serbia announced that it established that tax payers, private persons who earn income abroad by providing services of software development, translation, foreign language courses, graphic design, YouTubers and influencers do not pay the income tax and other contributions. 

According to the Administration, based on the data on payments from abroad and comparing that data with filed tax returns, it established a high rate of non-compliance with the tax regulations and identified those private persons.

As reported, that income is earned from providing various types of services, most commonly software development, translation, foreign language courses, promotion, graphic design, etc.

Non-compliance with the tax regulations was also identified at private persons earning income on social media (YouTubers, influencers), from online betting, etc., and those issuing own real estate for a period of up to 30 days.

The Tax Administration invited all private persons who failed to file tax returns before launching tax control or filing misdemeanour reports to calculate the tax and contributions with accompanying interest on their own and settle tax debts in order to avoid misdemeanour charges.

Source: FoNet

 

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