In the first three quarters of 2024, Montenegro’s tourism revenues amounted to €1.312 billion, which is €49.5 million less than in the same period last year,…
Browsing: VAT
Since the opening of the Smokovac-Mateševo highway section in July 2022, revenues from its use have exceeded €18 million, excluding VAT, according to information provided to…
President Jakov Milatović has questioned why the Montenegrin government is opting to reduce pension contributions instead of lowering VAT. In his latest query, Milatović expressed frustration…
Vice President of the Montenegrin Parliament, Boris Pejović, assured the public that pension and disability insurance will not be abolished, and announced that the minimum wage…
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) rates within…
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 of €98.7…
In the coming period, there are plans to amend specific tax laws in Montenegro, with a key emphasis on avoiding any increase in the general VAT…
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 an interview…
Montenegro’s hospitality industry is grappling with potential discrimination and unfair competition due to the prevailing provisions of the Value Added Tax (VAT) Law. Under these regulations,…
In January, the Ministry of Finance reported a budget surplus of 16.3 million EUR, equivalent to 0.2% of the estimated Gross Domestic Product (GDP). The data…