Notary public - One-stop shop for submission of tax applications

As of 1 January 2020, notariespublic electronically submit to the Tax Administration and local tax administration authorities determining the tax liability ex officio a document or decision, statements and data relevant for determining the tax liability on behalf of all citizens whose tax liability in respect of turnover, gift or inheritance of property is incurred at a notary public.

Amendments to the Property Taxes Act, which entered into force on 1 January 2020, introduce ex officio acting of the tax administration and local tax administration authorities instead of upon tax returns, as was the case so far, in all instances where the document or decision referring to property and on the basis of which the tax liability arises is produced by a notary public.

Citizens who trade, receive or inherit immovable property no longer file tax returns at a notary public`s for determining taxes on the transfer of absolute rights, inheritance and gifts, as well as property taxes, but can declare all the facts relevant to taxation at the notary public`s. The notary public will submit them and the notarised legal document electronically to the Tax Administration and the local tax administration authority passing a decision ex officio, which they deliver to the citizens at the address of their residence.

Citizens no longer have to go personally to the administrative clerks in as many as four different units for all property transactions and property inheritance procedures (extracting real estate listings, filing a registration request, since as of 1 July 2018, notaries public have been submitting electronic documents for cadastre registration for citizens, filing a tax return to the Tax Administration, filing a tax return in the municipality), but they can carry them out at anotary public`s office.

Therefore, the quality of service of the notaries public has improved, saving citizens time in the process.

As already mentioned,notaries public have been submitting electronic documents for registration in the cadastre for citizens since 1 July 2018, delivering almost 400,000 documents to the real estate cadastre for almost 18 months.

As a result, legal certainty has increased andsavings in the Budget of the Republic of Serbia have beenmade in thatnotaries public have saved over 28 million RSD by sending property transactions data to the public administration. Citizens have beenspared fromhaving to go personally to various institutions for 1,500,000 days in total.