Depreciation of real estate for the purpose of property tax

Abstract

The subject of this paper is depreciation of real estate of taxpayers who do not keep accounts for the purpose of property tax. The aim of the paper is to analyze the provisions of the Law on Property Taxes related to the depreciation of real estate of taxpayers who do not keep accounts, as well as recent decision of the Constitutional Court of Serbia regarding this issue. In order to determine how units of local government in Serbia implement provisions of the Law on Property Taxes related to the depreciation of real estate of taxpayers who do not keep accounts, representative sample of local government has been formed.

Keywords

• property tax
• depreciation of real estate
• taxpayers who do not keep accounts
• decision of the constitutional court of serbia no iuz-155/2014