Serbia's Ministry of Finance has published the rulebook on interest rates that are deemed to be at arm's length for related party loans in 2020 (regardless of the year a loan was originally granted). The rates, which vary by taxpayer type, loan term, and the denomination of the loan, are as follows:
For banks and leasing companies:
- 1.92% on short-term loans in RSD;
- 2.71% on short-term loans in RSD;
- 3.11% on EUR loans and RSD loans indexed in EUR;
- 3.87% on USD loans and RSD loans indexed i…