At the fifty-second sitting held on 29 and 30 March, the members of the Finance Committee discussed the Bills on the Confirmation of the Agreement between the Republic of Serbia and Malta on Avoidance of Double Taxation with respect to taxes on income, on the Confirmation of the Protocol between the Government of the Republic of Serbia and the Government of the Czech Republic to the Agreement between the Council of Ministers of Serbia and Montenegro and the Government of the Czech Republic on Avoidance of Double Taxation with respect to taxes on income and property, on the Confirmation of the Agreement between the Republic of Serbia and the Republic of Estonia on Avoidance of Double Taxation with respect to taxes on income, on the Confirmation of the Agreement between the Republic of Serbia and Ireland on Avoidance of Double Taxation with respect to taxes on income, on the Confirmation of the Agreement between the Republic of Serbia and the Great Socialist People’s Libyan Arabic Jamahiriya on Avoidance of Double Taxation with respect to taxes on income and on the Confirmation of the Agreement between the Government of the Republic of Serbia and the Government of the State of Qatar on Avoidance of Double Taxation with respect to taxes on income.

Dejan Dabetic from the Ministry of Finance presented the Bills to the Committee members. All the Bills regulate the issue of avoidance of double taxation of Serbian legal and physical entities which earn profit in the abovementioned countries and are given relief so as not to pay tax in both Serbia and one of these countries. The citizens of these countries also receive relief if they earn profit in Serbia. The employees of the Tax Administration shall establish an institutional cooperation framework with the state authorities in these countries in order to exchange data and information.

Following a discussion, the Committee members agreed to vote on the Bills in the continuation of the sitting on Tuesday, 30 March 2010.

In the continuation of the sitting, 30 March, the Finance Committee members accepted all the Bills in principle by a majority of votes.