- Montenegrin government proposes VAT law amendments to benefit consumers and businesses
- Draft bill outlines adjustments to VAT rates for goods, services, and imports
- Reduced 7 percent VAT rate for basic products and drugs
- 15 percent rate for books and accommodation services
- Certain categories exempt from VAT upon import
- Reduced 15 percent VAT rate for marina services until EU accession
- Aimed at easing financial burden on consumers and supporting business growth
- New law set to take effect from January 1, 2025
- Additional confirmations and information to be published in coming months
Source: fiscal-requirements.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.
