Tuesday, 27 October 2015

70th Sitting of the Committee on Finance, State Budget and Control of Public Spending

At the sitting held on 27 October, the Committee on Finance, State Budget and Control of Public Spending reviewed and accepted the Bill on the Confirmation of the Agreement between the Government of the Republic of Serbia and the Government of the Republic of Kazakhstan on Avoidance of Double Taxation and Prevention of Tax Evasion with respect to Taxes on Income and on Property, submitted by the Government.


Marjan Lesic, representative of the Ministry of Finance, provided the rationale on the Bill saying that negotiations with Kazakhstan had started in 2013 when a draft agreement was initialled, and then signed by Minister of Economy Zeljko Sertic in Astana on 28 August 2015. According to Lesic the Agreement is a considerable contribution to the improvement of bilateral, economic and financial cooperation between the Republic of Serbia and the Republic of Kazakhstan because it eliminates the problem of double taxation of the physical and legal entities, residents of the two countries. The Agreement establishes common criteria for ascertaining the taxing rights for certain categories i.e. income and property.

Having heard the rationale, the Committee unanimously accepted the Bill on the Confirmation of the Agreement between the Government of the Republic of Serbia and the Government of the Republic of Kazakhstan on Avoidance of Double Taxation and Prevention of Tax Evasion with respect to Taxes on Income and on Property.

The sitting was chaired by Committee Chairman Veroljub Arsic.


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friday, 29 march
  • 9.00 - the National Assembly Speaker meets with the Head of the EU Delegation to Serbia (National Assembly House, 13 Nikola Pasic Square, Speaker’s Cabinet)

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