Tag: VAT increase

Measures to lower food prices in Montenegro: VAT reduction, domestic support and strategic reserves

Reducing VAT on fruits and vegetables, supporting domestic production, and forming strategic reserves are some of the measures that could lead to lower prices...

VAT increase will negatively impact Montenegro’s tourism sector

The increase in value-added tax (VAT) will negatively affect Montenegro's tourism offer, stated Žarko Radulović, president of the Montenegrin Tourism Association and co-owner of...

Impact of VAT increase on Montenegrin tourism: Concerns from industry leaders

Montenegro will implement a unified VAT rate of 15% for the tourism sector starting next year, which includes an increase from 7% for accommodation...
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