Tag: VAT tax

Montenegrin tourism on the brink of collapse due to increased taxes and lack of support

The president of the Montenegrin Tourist Association (CTU), Žarko Radulović, stated that the Montenegrin tourism sector is on the verge of collapse due to...

Shein launches delivery in Montenegro: VAT now applied to all online purchases

After Temu, another Chinese online shopping app has become available in Montenegro. This time, it is Shein, a global leader in fast and affordable fashion....

Tax hike on tourism a direct blow to Montenegro’s economy

The increase in the tourism tax rate is a direct blow to the backbone of Montenegro’s economy, said Mirko Stanić, President of the Main...

Montenegro’s tourism sector faces crisis as VAT hike hits 15 percent

The recent decision by the Montenegrin Parliament to increase VAT on the tourism sector from seven to 15 percent has raised significant concerns among...
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Montenegro’s President criticizes erosion of social dialogue and negative effects of VAT increase

Montenegro's President Jakov Milatović has expressed concerns about the decline of social dialogue in the country following the recent session of the Social Council. Milatović...

Increasing VAT and excise taxes will boost inflation without improving budget revenues

Petar Odžić, Vice President of the Social Democratic Party (SDP) and European Union representative, has criticized the proposed increases in Value Added Tax (VAT)...
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