Minister for Culture Adopts

Based on Article 15, Paragraph 10 of the Law on Business Taxation (Official Gazette of the RS, No. 25/2001), along with previously published Opinion of the Minister responsible for financial and economic matters,

Minister for Culture adopts

RULEBOOK
ON INVESTMENTS IN FIELD OF CULTURE RECOGNISED AS EXPENDITURE

(Off. Gazette of RS, No. 9/02)

Original text in force since 06/03/2002 ,applicable since 06/03/2002

Article 1

This Rulebook shall further regulate in the light of Article 15, Paragraph 3 of the Law on Business Taxation (Official Gazette of RS, No. 25/2001) what is considered an investment in the field of culture and recognised as expenditure in the highest amount of 1,5% of total revenue.

Article 2

Investment in culture referred to in Article 1 of the Rulebook shall be recognised as expenditure if they provide for:

1) making, studying and preserving cultural values;

2) caring for, preserving and enriching cultural and historical heritage;

3) creating conditions for performing and developing cultural activities;

4) encouraging international cultural activities and cooperation;

5) encouraging education in the field of culture;

6) Encouraging scientific research in the field of culture;

7) stimulating young talents in the field of cultural creativity.

Article 3

Investment in the field of culture referred to in Article 2 of this Rulebook shall be recognised as expenditure if investment is made in cultural establishments, artist associations, faculties, academies, art schools and other domestic legal persons registered under the following subgroups of activities compliant to the Law on Classification of Activities and Registry of Classification Units (Official Gazette of the SRY, No. 31/96):

1) protection of cultural heritage, natural and other sites(92522);

2) museum, galleries and anthology related activities(92521);

3) art, literature and performing arts (92310);

4) cinematography and video production (92110);

5) library activities (92511);

6) archive activities (92512);

7) botanical and zoo gardens and other natural reserves related activities (92530);

8) publishing books, brochures, music books and other publications (22110).

Article 4

Investment in the field of culture made by cultural establishments, artist associations, faculties, academies, art schools and other domestic legal persons registered for pursuing activities listed in Article 3 of this Rulebook, represent expenses recognised as expenditure if they were invested in reconstruction of the existing and construction of new cultural facilities, programme activities, production and equipment for pursuing cultural and artistic activities.

Article 5

This Rulebook shall take effect on the eight day following its publication in the Official Gazette of the Republic of Serbia.

Number110-00-00018/2001-01
Done in Belgrade on 20 February 2002

Government of the Republic of Serbia

Minister,
Branislav Lecic, duly signed