ORGANIZERS / PENSION CONTRIBUTION TAX TREATMENT
Pension contributions paid by the scheme organizer up to 5,214 RSD per scheme member are exempt from payment of income tax, as well as from payment of contributions for compulsory social security.
The fund member pays capital gains tax for withdrawn accumulated funds (lump-sum, scheduled payment, or combination thereof). Tax is calculated based on the difference between the level of accumulated funds and the sum of paid net pension contributions.
Withdrawal of accumulated funds in order to buy annuity in an insurance company is exempt from capital gains tax.
Pension contributions paid by the scheme organizer up to 5,214 RSD per scheme member are exempt from payment of income tax, as well as from payment of contributions for compulsory social security.
The fund member pays capital gains tax for withdrawn accumulated funds (lump-sum, scheduled payment, or combination thereof). Tax is calculated based on the difference between the level of accumulated funds and the sum of paid net pension contributions.
Withdrawal of accumulated funds in order to buy annuity in an insurance company is exempt from capital gains tax.
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