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July 9, 2003 - Wednesday |
All assets worth more than 20 million dinars in Serbia subject to taxation
19:35 BELGRADE , July 9 (Tanjug) - Assistant Director of the Serbian tax administration Djerdj Pap said on Wednesday that all physical and legal persons with assets worth more than 20 million dinars had to submit tax returns for the registration of assets until November 1, because as of January 1, 2004 their assets would be compared with the registered ones.
Unless they do so, as of January 1 all of the unregistered assets of physical and legal persons will be regarded as earned in 2003 and they will have to pay big taxes, Pap said at a seminar for reporters.
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