tax revenues

Serbia’s Corporate Tax Revenue Growth Signals Stronger Business Profitability

Serbia’s budget revenue structure in the first five months of 2026 shows a stronger contribution from corporate earnings, with corporate profit tax becoming one of the fastest-growing revenue sources. Corporate income tax revenues increased by 24.7% in real terms in January-May 2026, significantly exceeding the overall growth rate of budget revenues. The increase indicates that a larger share of fiscal support is coming from profitable companies rather than only from consumption-related taxes or inflation effects. VAT and Non-Tax Revenues Continue…