Property & Transfer Taxes – Serbia

Maximum rate 0.4% of market value. Payable by owners and long-term tenants (1+ years). Urban land users (10+ acres) also liable. Rates set by local municipalities within legal maximum.

One-time tax on all property transfers (real estate, vehicles, IP rights). Based on transaction value or market value if higher. Payable by buyer unless contract specifies otherwise.

No stamp duty, but competent authorities and notaries charge fees for certifying property transfer documents. Typically 1-2% of property value. Additional costs for registration in land registry.

Gross rental income taxed at 20%. Expenses deductible: maintenance, mortgage interest, property management fees. Must document expenses. Consider holding through company for better tax optimization.

Sale of non-primary residence: 15% capital gains tax on profit. Primary residence: typically exempt. Holding 10+ years: complete exemption regardless of residence status.

One-day rentals and tourist accommodations have specific regulations. Must register with tourism authorities. Different taxation may apply depending on municipality and rental type.

Immediate family members (children, spouse, parents) completely exempt from inheritance and gift tax. No reporting threshold. Applies to all asset types including crypto and property.

Certain second-line relatives taxed at 1.5% of asset value. Applied to value exceeding €850 threshold. Lower than most European countries.

Distant relatives and unrelated heirs: maximum 2.5%. Still competitive internationally. Crypto and digital assets subject to same rates as traditional property.