Serbia has implemented a number of Individual Income Tax Law amendments for 2021. Some of the main amendments include: An increase in the monthly non-taxable income threshold for individuals from RSD 16,300 to 18,300 (from 2022 this value will be indexed); An extension of the exemption from payroll taxes due by employers in respect of first-year employees until 31 December 2021 (65% to 75% exemption); An extension of the 36-month income tax and social security exemption for the founders of innovative start-ups until 31 December 2021; and The addition of a new provision that requires a domestic legal entity to...