Amendments to the Rulebook on Property Tax Return Forms – Key Updates for Property Taxpayers!
The Ministry of Finance has adopted the Rulebook on Amendments to the Rulebook on Property Tax Return Forms (“Official Gazette RS”, No. 99/2024). These amendments introduce significant changes to the forms and procedures, effective from January 1, 2025.
What do the amendments entail?
Updated Forms:
- A new Sub-Annex to Annex-1 form has been introduced for property tax returns for 2025. Taxpayers maintaining business books are required to use this form in accordance with the new rules.
Changes in Data Recording:
- The option to use extracts from the property or infrastructure cadastre database for reporting property title deed or utility records has been added.
- The land area under a structure must now be reported proportionally to the usable area of the structure, which provides further clarity for shared ownership obligations.
Alignment with Legal Amendments:
- New criteria for calculating property value and tax base have been introduced for cases where local self-governments fail to publish average prices for specific zones.
Elimination of Ambiguities:
- Provisions on reporting property area and alignment with legal grounds for property tax exemptions have been clarified.
What’s next?
Property taxpayers should adjust their internal procedures by the end of the current year to comply with these new legal requirements.
For additional information or consultations, our team at Tasić & Partners is at your disposal.