2026-05-06T12:07:01.922Z http://ezaposleni.singidunum.ac.rs/rest/sciNaucniRezultati/oai

ezaposleni.singidunum.ac.rs/rest/sciNaucniRezultati/oai:1:7762 2020-11-05T14:42:16Z 1

Corporate tax reporting: Effective tax rate of Serbian public entities 2020 http://ezaposleni.singidunum.ac.rs/rest/sciNaucniRezultati/oai/record/1/7762 V. Mizdraković M. Kljajić M. Slavković The main purpose of this paper is to analyze the correlation between financial (accounting) result in income statement and tax result in tax report. Calculation of corporate income tax expense is a complex procedure which requires the use of legal tax regulation. As a result, legal entities could report profit in their financial statements, and do not have income tax expense at the same time. Research sample consists of randomly selected 322 business entities and their annual reports from Belgrade Stock Exchange for 2017. The results of the research show that average effective tax rate of sample entities is app. 12%, while median is app. 9%. conferenceObject 39 45 10.15308/finiz-2020-39-45 FINIZ 2020