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Montenegro Government Endorses Tax Law Amendments Aligning with EU Legislation and Increasing Farmer Compensation

  • Montenegro’s Government has endorsed tax law amendments
  • Changes to value-added tax law proposed to align with EU law
  • New reduced rate of VAT of 15 percent
  • Flat-rate compensation for farmers raised from 5% to 8%
  • Repeal of certain tax breaks, including zero rate of VAT for certain products and services

Source: answerconnect.cch.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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