According to preliminary data of the Ministry of Finance, €484.2 m has been collected in the first quarter of the year, which is by 14.6% higher...
Tag - Value Added Tax (VAT)
The government’s announcement that it is considering reducing taxes and contributions to the salaries of employees in 2018 is a positive impetus for...
Montenegro is in a deep financial crisis, and the announced increase in VAT is the worst measure the government could opt for. Additionally, the...
Retail prices of cigarettes, alcohol beverages and soft drinks will be higher as of 1 July due to excise tax increase, the Fiscal Strategy...
In order to consolidate public finances, Montenegro increases VAT again after four years. Thus, after the initial increase from 17% to 19%, the new...
The government is currently drafting a fiscal strategy aimed at achieving further savings in the budget, which should not jeopardise the businesses...
Tax Administration generated a total gross collection of taxes and contributions in the amount of €72.95m in April, which is 8% more than in the same...
It should be known by mid-May whether a lower 7% VAT rate will be divided into two – the additionally reduced one which would tax basic nutrition...