carbon tax implementation

Serbia to introduce new carbon emission tax targeting major polluters and importers

Starting in January next year, Serbia will introduce a new tax aimed at reducing greenhouse gas emissions. The tax will not apply to all citizens but only to specific categories of businesses. The obligation to pay this tax will fall exclusively on legal entities and entrepreneurs whose operations directly contribute to greenhouse gas emissions or who import products with high carbon intensity. The new greenhouse gas emission tax will primarily apply to companies that hold emission permits and operate in…