North Macedonia to roll out ecotax for oil, slash VAT for electricity to 5%
An ecotax of 5.7 cents will be introduced in North Macedonia for oil and the value-added tax on electricity will be cut to 5% from 18% for one year.
NALED calls for applying ‘polluter pays’ principle in Serbia
NALED has called for applying the "polluter pays" principle in Serbia to encourage business and people to cut emissions.
Serbia shelves plan to introduce ecotax for households
The Government of Serbia has tweaked an executive order about the determination of activities impacting the environment just days after issuing it. It changed several details, but the most important decision was that it scrapped the provisions for an ecotax to be rolled out effectively on households. With the amendments to the decree, the cabinet […]
Serbia rolls out ecotax – firms to pay up to EUR 17,000 per year
The Government of Serbia adopted a directive dividing the corporate sector into three categories according to environmental impact and imposed ecological taxation. Firms are in four groups with regard to size. Persons taxable with property tax were also included at the bottom, with a levy of RSD 1,200 (EUR 10.2) per annum. The ecotax was […]
Serbia decides to tackle environmental tax avoidance
Serbia has launched an administrative procedure against companies that don’t pay environmental tax and fees, Serbian media reported. According to daily Blic, Serbian oil and gas company NIS is not exempted from the procedure. The procedure has been launched against 100 domestic and foreign companies, Serbian public broadcaster RTS reported, adding that decisions on tax […]
Serbian petroleum company NIS will have to pay eco-tax unless it proves exemption
Serbian authorities reiterated their position that all companies have to pay environmental tax, including the Petroleum Industry of Serbia (NIS) which allegedly doesn’t pay it on the basis of the Agreement on cooperation in the energy sector, signed between Serbia and Russia in 2008. Serbian Minister of Agriculture and Environmental Protection Branislav Nedimović recently said […]