Taxation of cloud services in Serbia
The cloud, a technology that opened the door to a completely new set of IT services, is presenting a considerable challenge to legislators, primarily regarding personal data protection and taxation of cloud computing. Cloud computing taxation is a challenge because of what the cloud represents — the possibility to access certain IT services online. In other words, since access to cloud services depends only on internet access, and not on the location of the person accessing and the person enabling access, the question of which country is entitled to/should tax cloud services, and how, therefore arises.
Cloud technology is still in its early stages in Serbia, and therefore the question of cloud taxation has not been a major issue so far. However, in March 2013 Serbia enacted a Strategy for Development and Support to the Information Technology Industry, as well as an action plan to implement this strategy. Although the strategy and action plan make no mention of cloud computing, these documents deal, among other matters, with tax relief for software companies.
This text analyses the tax position of foreign cloud companies providing cloud services in or from Serbia, taking into account the characteristics of the various cloud computing models and elements: SaaS, PaaS and IaaS; private, public, community and hybrid; and consumption, subscription, advertisement and market…
Click on the link below to read the rest of the JPM Jankovic Popovic Mitic briefing.
Briefings from JPM Jankovic Popovic Mitic
The first trial in Serbia pursuant to law on liability of legal entities for criminal offences has rendered a guilty verdict
The law on liability of legal persons for criminal offences came into force on 4 November 2008. Nearly six years thereafter the first verdict was rendered on the 11 June 2014.
The Serbian Parliament has passed a Law on Amendments to the Privatization Law, relating to creditors’ claims against companies in restructuring.