Excessive company name display fees lead to loss of jobs in gambling industry – Asking for abolition of tax on winnings above RSD 11,000
According to Karan, the provision in question has enabled local self-governments to raise annual company name display fees to up to 10 times that of the average gross salary, which has been used by all local self-governments to increase the tax by the maximum amount.
– The average company display fee per shop in Serbia in 2011 and 2012 amounted to around RSD 100,000, whereas the amount jumped to around RSD 300,000 in 2013 and to RSD 370,000 in 2014 and 2015. Last year, it was around RSD 500,000 on average – Karan said.
As he estimated, there is no economic justification for increasing these fees four times, and they have “eaten” around a thousand various jobs in AGP member-companies in the past three years.
Karan reminded that the association had complained about the provisions of the Law on Income Tax envisioning taxation of winnings higher than RSD 11,000 and added that the players themselves have filed a people's initiative with around 200,000 signatures to the National Assembly of Serbia asking for the abolition of those provisions, which they deemed discriminatory.
He said that AGP member-companies were paying all their obligations towards the state, their employees and supplier regularly and that they had paid around EUR 20 million in various taxes, fees and compensations to the budgets of the state and local self-governments in 2016.
– In the past five years alone, more than EUR 70 million has been paid to the state in fiscal and para-fiscal charges. Our companies do not owe a single dinar in taxes – Karan said.
Most Important News
06.04.2024. | Agriculture
Preconditions for Placement of Fresh Blueberries and Dried Plums in Chinese Market Secured
16.04.2024. | News
Jovan Ciric, Leasing Director Retail MPC Properties – MPC Echo symbolizes our desire for good ideas and innovative endeavors to spread freely and bring about positive changes
16.04.2024. | News
10.04.2024. | Finance, IT, Telecommunications, Tourism, Sports, Culture
Creative Industry – What This Serbian Economy Sector Worth EUR 2 Billion Encompasses
10.04.2024. | Finance, IT, Telecommunications, Tourism, Sports, Culture
17.04.2024. | Industry, Construction, Transport, Finance
Feka Automotive to build energy-efficient production facility – EBRD approves EUR 15 million
17.04.2024. | Industry, Construction, Transport, Finance
16.04.2024. | News
Economy Fair in Mostar opens – 26 companies from Serbia exhibiting
16.04.2024. | News
16.04.2024. | News
Polish chain Zabka to come to Serbia?
16.04.2024. | News