EXPENSES ON THE BASIS OF SALARY BENEFITS ARE NOT RECOGNIZED IN DOUBLE-INCREASED AMOUNT AS EXPENSES OF SALARIES OF EMPLOYEES ENGAGED IN RESEARCH AND DEVELOPMENT

(Opinion of the Ministry of Finance, No. 011-00-1157 / 2021-04 of 1 December 2021)

In accordance with the provision of Article 22g paragraph 1 of the Law on Corporate Income Tax (“Official Gazette of RS”, No. 25/01, 80/02, 80/02 – other law, 43/03, 84/04, 18 / 10, 101/11, 119/12, 47/13, 108/13, 68/14 – other law, 142/14, 91/15 – authentic interpretation, 112/15, 113/17, 95/18, 86 (19, 153/20 and 118/21 – hereinafter: the Law), as an expense in the taxpayer’s balance sheet may be recognized, in double the amount, costs directly related to research and development performed by the taxpayer in the Republic of Serbia.