Serbia - Taxes on income

Taxes on income, profits and capital gains (current LCU)

The value for Taxes on income, profits and capital gains (current LCU) in Serbia was 343,408,000,000 as of 2019. As the graph below shows, over the past 12 years this indicator reached a maximum value of 343,408,000,000 in 2019 and a minimum value of 89,972,300,000 in 2007.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
2007 89,972,300,000
2008 109,663,000,000
2009 100,803,000,000
2010 105,066,000,000
2011 104,496,000,000
2012 95,235,200,000
2013 215,797,000,000
2014 229,388,000,000
2015 231,299,000,000
2016 256,566,000,000
2017 300,159,000,000
2018 312,910,000,000
2019 343,408,000,000

Taxes on income, profits and capital gains (% of revenue)

Taxes on income, profits and capital gains (% of revenue) in Serbia was 15.22 as of 2019. Its highest value over the past 12 years was 15.40 in 2017, while its lowest value was 7.60 in 2012.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
2007 9.84
2008 10.45
2009 9.50
2010 9.32
2011 8.75
2012 7.60
2013 13.94
2014 14.07
2015 13.59
2016 14.15
2017 15.40
2018 15.17
2019 15.22

Taxes on income, profits and capital gains (% of total taxes)

Taxes on income, profits and capital gains (% of total taxes) in Serbia was 26.34 as of 2019. Its highest value over the past 12 years was 26.34 in 2019, while its lowest value was 13.47 in 2012.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
2007 16.74
2008 17.83
2009 16.51
2010 15.98
2011 15.18
2012 13.47
2013 25.13
2014 25.10
2015 23.98
2016 24.33
2017 26.20
2018 26.14
2019 26.34

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance