Serbia Capital Gains Tax Guide 2026

Overview — Capital Gains Tax

Capital gains tax in Serbia is part of the personal income tax (IIT) system, taxed at the flat 15% rate. Capital gains are calculated as the difference between the sale price and the acquisition cost (plus allowable expenses). The tax applies to both residents and non-residents on Serbian-source capital gains.

CGT Rate — 15%

The standard capital gains tax rate is 15%, which matches the general IIT rate. This applies to gains from:

• Shares and securities: Gains from sale of shares in Serbian and foreign companies
• Real estate: Gains from sale of property (subject to exemptions below)
• Other property: Gains from sale of other assets and property rights

Exemptions

Serbia provides several important CGT exemptions:

• 10-year holding period: 0% CGT on gains from shares and securities held for more than 10 years
• Primary residence: 0% CGT on sale of primary residence after 3+ years of ownership
• Inherited property: Gains on inherited property may be exempt or subject to reduced rates depending on duration of ownership

Calculation of Gains

Capital gains are calculated as the positive difference between the selling price and the acquisition cost (purchase price plus associated costs such as notary fees, commissions, and improvement expenses). Losses can generally be offset against gains within the same tax year, but loss carry-forwards are limited.

CGT for Companies

Capital gains realised by companies are included in taxable profit and taxed at the standard corporate tax rate of 15%. Companies benefit from the same exemptions (10-year holding period for shares) as individuals.

FAQs

What is the CGT rate in Serbia?

The standard CGT rate is 15%, matching the flat IIT rate. However, shares held for over 10 years are tax-exempt, and primary residence sales after 3+ years are also exempt.

Is cryptocurrency subject to CGT?

Yes, cryptocurrency gains are generally treated as capital gains and taxed at 15%. However, crypto mining is treated as business income and taxed accordingly. See our Crypto Tax Guide for details.

Can capital losses be offset?

Yes, capital losses can be offset against capital gains within the same tax year. Loss carry-forward rules apply with certain limitations.

Disclaimer

This guide provides general information about Serbian capital gains tax for 2026. Tax laws and rates may change. Always consult with a qualified Serbian tax advisor or Poreska uprava directly. InvestmentKit does not provide tax advice.