Dear clients,
In accordance with the Law on Personal Income Tax (Article 89a), a taxpayer who invests in an alternative investment fund, for the purpose of acquiring investment units, is granted the right to a tax credit on account of the annual personal income tax – a maximum of 50% of the investment made in a calendar year for which the tax is determined. The calculated tax benefit cannot exceed 50% of the amount of the determined tax liability.
In other words, the minimum amount for payment to the Fund should be equal to your tax liability. The right to a tax credit can only be exercised on the basis of fully paid cash contributions that acquire investment units of an alternative investment fund.
Please note that it is necessary to make an investment in the current calendar year for the obligation that will be determined in the next year for the current year, in order to fully take advantage of the tax relief.
Deadline for payment of funds –
- if you invest EUR funds – Friday, December 27th,2024 until 4 pm
- if you invest RSD funds – Tuesday, December 31st, 2024 until 12pm
At the same time, we remind you that, in accordance with the amendments to the Law on Personal Income Tax, if the taxpayer in the calendar year in which he purchased the investment units of the alternative investment fund, as well as in the following three calendar years, alienates the investment units of the alternative investment fund, he loses the right to the previously granted tax credit on the basis of that investment and is obliged to pay the tax obligation with the interest for paying the annual personal income tax for the year for which he lost the right to a tax credit.
You can find more information about the tax aspect of investing in alternative investment funds, as well as about the performance of the fund, on our site – https://vistarica.rs/en/vista-rica-invest/#aspekt
Welcome to the Fund!
Kind regards
DZUAIF Vista Rica ad