Serbia Publishes Deemed Arm's Length Interest Rates for Related Party Loans for 2026

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 2026 (regardless of the year a loan was originally granted). The rulebook was originally published in the Official Gazette on 24 April 2026 and enters into force on 2 May 2026. The rates, which vary by taxpayer type, loan term, and the denomination of the loan, are as follows:

For banks and leasing companies:

• 4.40% on short-term loans in RSD;
• 0.33% on…