Tag: VAT

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President asks government why it doesn’t reduce VAT instead of pension contributions

President Jakov Milatović has questioned why the Montenegrin government is opting to reduce pension contributions instead of lowering VAT. In his latest query, Milatović...

Montenegro’s Vice President affirms pension security and economic policies

Vice President of the Montenegrin Parliament, Boris Pejović, assured the public that pension and disability insurance will not be abolished, and announced that the...

Navigating VAT policy: Challenges and proposals in Montenegro’s hospitality sector

Business leaders at a session of the Chamber of Economy's Tourism and Hospitality Association Committee voiced concerns over proposed increases in value-added tax (VAT)...

Montenegro’s budget revenue surges in early 2024

From January to the end of April this year, Montenegro's budget revenues reached €896.1 million, or 12.7% of the estimated GDP, representing an increase...
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Montenegro’s tax policy outlook: Avoiding VAT rate hike amidst reform plans

In the coming period, there are plans to amend specific tax laws in Montenegro, with a key emphasis on avoiding any increase in the...

Montenegro’s fiscal strategy: Sustaining stability amid economic flux

Montenegro's Ministry of Finance, led by Novica Vuković, has made it clear that there are no plans to raise the value-added tax (VAT). In...
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