7.1 Unilateral Double Taxation Relief
Serbian Corporate Income Tax Law („CITL“) has a separate chapter on the avoidance of double taxation by resident corporations. Generally, the CITL provides rules for the unilateral avoidance of double taxation of profits derived by resident corporations from carrying on business through permanent establishments situated in foreign countries, as well as for the unilateral avoidance of double taxation in respect to profits of foreign subsidiaries and items of income such as dividends, interest and royalties paid by such foreign subsidiaries to their Serbian parent companies.
