Serbia's Tax Administration has published the rulebook on interest rates that are deemed to be at arm's length for related party loans in 2025 (regardless of the year a loan was originally granted). The rulebook was originally published in the Official Gazette on 28 February 2025 and entered into force on 8 March 2025. The rates, which vary by taxpayer type, loan term, and the denomination of the loan, are as follows:
For banks and leasing companies:
- 3.92% on short-term loans in RSD;
- 0.81…