Serbian Minister of Finance issued the Rulebook on interest rates that are considered to be in line with the arm’s length principle for the year 2024 (Rulebook).
Interest rates are applicable by taxpayers in the calculation of corporate income tax for the FY 2024 to compare agreed interest rates on loans with related parties.
Interest rates that are considered to be in accordance with the “arm’s length” principle, prescribed by the Rulebook for 2024 are the following:
1) for banks and financial leasing providers:
(1) 5,02% on short-term loans in RSD;
(2) 5,16% on long-term loans in RSD;
(3) 4,31% on loans in EUR and RSD loans indexed in EUR;
(4) 5,02% on loans in USD and RSD loans indexed in USD;
(5) 2,80% on CHF loans and RSD loans indexed in CHF;
(6) 4,19% on loans in SEK and RSD loans indexed in SEK;
(7) 1,88% on loans in GBP and RSD loans indexed in GBP;
(8) 2,42% on loans in RUB and RSD loans indexed in RUB;
(9) 4,55% on loans in CNY and RSD loans indexed in CNY;
2) for other companies:
(1) 7,57% on short-term loans in RSD;
(2) 8,30% on long-term loans in RSD;
(3) 6,12% on short-term loans in EUR and RSD loans indexed in EUR;
(4) 6,23% on long-term loans in EUR and RSD loans indexed in EUR;
(5) 7,54% on short-term loans in CHF and RSD loans indexed in CHF;
(6) 8,20% on short-term loans in USD and RSD loans indexed in USD;
(7) 4,25% on long-term loans in USD and RSD loans indexed in USD.
The information in this document does not constitute legal advice on any particular matter and is provided for general informational purposes only.
