{"id":2603,"date":"2025-08-08T13:05:18","date_gmt":"2025-08-08T12:05:18","guid":{"rendered":"https:\/\/staging.alibris.rs\/?p=1598"},"modified":"2025-08-08T13:05:18","modified_gmt":"2025-08-08T12:05:18","slug":"poreski-bilans-u-srbiji-poreski-kredit-i-poreski-gubitak-firme-2","status":"publish","type":"post","link":"https:\/\/staging.alibris.rs\/en\/poreski-bilans-u-srbiji-poreski-kredit-i-poreski-gubitak-firme-2\/","title":{"rendered":"Tax Balance Sheet in Serbia: Tax Credit and Tax Loss of a Company"},"content":{"rendered":"
\n\t\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t

When a company incurs a loss, this may significantly affect its tax position.<\/p>\n

A tax credit<\/strong> is an amount that may be deducted from the tax otherwise payable. In the context of a loss, it often refers to the possibility of carrying that loss forward to future years and using it to reduce the tax base for future corporate income tax calculations.<\/p>\n

If your company recorded a loss in the current year, this means you will not pay corporate income tax for that year. However, the loss is not lost forever: it may be carried forward and used in future years to offset taxable profit, thereby reducing the tax that must be paid.<\/p>\n

Which law regulates this?<\/h3>\n

The main law governing taxation of companies in Serbia is the Corporate Income Tax Law<\/strong>. It prescribes the conditions and the method for carrying forward and using losses.<\/p>\n

Accounting loss vs. tax loss<\/h3>\n

Accounting loss<\/strong> is the difference between total income and total expenses as shown in the financial statements, especially the profit and loss statement submitted to the APR.<\/p>\n

Tax loss<\/strong> is the loss used for calculating the corporate income tax base to which the 15% corporate income tax rate applies. It may, but does not necessarily, coincide with the accounting loss because accounting and tax regulations differ.<\/p>\n

Preparing the tax balance sheet<\/h3>\n

The starting point for preparing the tax balance sheet is the accounting profit and loss statement. The accounting result is then adjusted through tax corrections.<\/p>\n

In practice, the largest number of corrections relate to expenses. Certain expenses recorded in accounting are not recognized for tax purposes. These often include:<\/p>\n