SUBSTANCE OF FISCAL DECENTRALIZATION IN THE REPUBLIC OF SERBIA

Abstract

Pursuant to the Local Self-Government Act adopted in February 2002, the fiscal decentralization has been carried out without the institutional decentralization of functions of the central tax administration, whereby only the affirmation of the self-government authorities has been done in the part of financing the budges of self-government units, but not in the part of administering the original local public revenues. The Local Self-Government Financing Act created a legal ground for decentralization of functions of the central tax administration (Tax Administration). Further concretization of competence of the local tax administration shall be done by the Amendment Act to the Tax procedure and Tax Administration Act.