Serbia Updates Rulebook on Transfer Pricing Including Requirements for CbC Reports

Serbia has published an updated Rulebook on Transfer Pricing as per amendments published in the Official Gazette on 1 October 2021. Some of the main amendments include additional detail on the Country-by-Country (CbC) reporting requirements in Serbia, which were introduced from 2020 for MNE groups meeting the standard EUR 750 million annual consolidated revenue threshold. This includes confirmation that an ultimate parent entity resident in Serbia is required to submit a CbC report (if thres…