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Signing of Tax Convention between Republic of Serbia and Japan (22 July 2020)

Convention between Japan and the Republic of Serbia for the Elimination of Double Taxation with respect to Taxes on Income and the Prevention of Tax Evasion and Avoidance  was signed on July 21 in Belgrade by H.E. Mr. Sinisa Mali, Minister of Finance of the Republic of Serbia and H.E. Mr. Junichi Maruyama, Ambassador of Japan in the Republic of Serbia.

This is the first tax convention to be concluded between the Republic of Serbia and Japan in light of the development of economic relationship between the two countries. It is expected that, while eliminating double taxation and preventing international tax evasion and tax avoidance, this Convention promotes further mutual investments and economic exchanges between the two countries.

Press relase on the signing of the Convention was published by the Ministry of Foreign Affairs of Japan and the Ministry of Finance of Japan.

 


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