RAČUNOVODSTVENI ASPEKT POREZA NA IMOVINU NA PRIMERU JLS SMEDEREVSKA PALANKA

The property tax has become more important in the structure of the local government revenues in Serbia, since it has been collected by local tax administrations. Despite of that, the local government revenues are still not sufficient to meet the basic needs of local citizens. Public revenues constitute the backbone of public finances. Local public finance is regulated by laws, acts and other regulations at the level of both local and central government. The Law on Financing of Local Self-Government defines property tax as a local-governmentsourced tax, while the local tax administration units are responsible for property tax collection. In this regard, local self-governemnt units have received a greater level of autonomy in tax administration and are obliged to follow the amendments to the Law on Property Taxes, as well as the Law on Tax Procedure and Tax Administration. In this paper, the analysis of accounting and the collection efficiency of property tax on both legal and natural persons in the muncipality of Smerevska Palanka is given.