Serbia’s 2010 Tax Revenue Will Exceed Target, Blic Reports

Serbia’s tax revenue reached 502 billion dinars ($6.24 billion) in the first 11 months of the year, or 99.7 percent of the 2010 plan, which means that full- year result will “certainly” exceed the 503.5 billion dinar target, Blic newspaper reported, citing the Tax Administration director.

Dragutin Radosavljevic said the results were partly based on measures against tax evasion and partly on higher revenue from excise duties, the newspaper reported.

To contact the reporter on this story: Misha Savic in Belgrade at msavic2@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

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