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Republic of Serbia : Building A Framework for Tax Expenditures Reporting / Mario Mansour, Martin Grote, André Patry, Fayçal Sawadogo, Charles Vellutini.
- Format:
- Book
- Government document
- Author/Creator:
- Mansour, Mario.
- Series:
- High-Level Summary Technical Assistance Reports; High Level Summary Technical Assistance Report ; No. 2026/014
- High-Level Summary Technical Assistance Reports
- Language:
- English
- Physical Description:
- 1 online resource (4 pages)
- Place of Publication:
- Washington, D.C. : International Monetary Fund, 2026.
- Summary:
- This technical assistance report responds to the Republic of Serbia’s request for a comprehensive framework to report tax expenditures across the personal income tax (PIT), corporate income tax (CIT), and value-added tax (VAT). It defines benchmark tax systems for these three major taxes, outlines methodologies for estimating associated tax expenditures, and provides preliminary results. The analysis shows that VAT-related tax expenditures represent the largest fiscal cost, followed by PIT and CIT. VAT benefits are disproportionately captured by higher-consumption households, while CIT benefits are heavily concentrated among a small number of large firms. The report recommends institutionalizing regular tax expenditure reporting, improving data governance and inter-agency coordination, and strengthening capacity for microsimulation modeling to support ongoing fiscal analysis and enhance transparency.
- Notes:
- Description based on print version record.
- ISBN:
- 979-82-290-4085-3
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