прописи на енглеском језику

This Law shall regulate the conditions, method and procedure for determining the property of natural persons and any increase in the property of natural persons and for assessing the special tax on increase in property for which the natural person cannot prove that it has been acquired in a lawful manner, as well as the authorities competent for the implementation of this Law.

Within the meaning of this Law, individual terms shall have the following meanings:

1) "property" shall mean immovable and movable objects, whether registered or not, as well as other property rights applicable in the Republic of Serbia and abroad;

2) "reported income" shall be the income of a natural person which has been reported to the competent tax authority;

3) "increase in property" shall be the positive difference between the values of the property of a natural person at the end and at the beginning of a certain period;

4) "expenditures for private needs of a natural person" shall stand for expenditures incurred by a natural person for private needs determined in the procedure of determining property and assessment of the special tax;

5) "property on which special tax is determined" shall stand for the difference between the sum of the increase in property and expenditures for private needs of a natural person, on the one hand and the reported income increased by the amount of income not subject to taxation in the Republic of Serbia, property acquired without encumbrance, property acquired by borrowing, i.e. property acquired in another lawful manner.

The burden of proof for any increase in property compared with the reported income of a natural person shall lie with the Tax Administration, and the burden of proof to support that the natural person has acquired the property in a legal manner in the part in which the increase in his/her property is not in compliance with the reported income shall lie with the natural person.