The maximum budget envisaged for the contract amounts to 3.4 million euro ($4.4 million).
The purpose of the project is to increase the tax collection capacity of the Serbian tax administration. It will include technical assistance to support the implementation of the tax administration systems, adequate reporting and an Internet portal to provide service to tax payers.
The contracting authority is the European Union. The modernisation project of the country's tax administration is under the EU Instrument for Pre-accession Assistance. The upgrade's total budget is 9.47 million euro, of which EU contribution of 7.60 million euro.
($=0.7729 euro)