Montenegro's Revenue and Customs Administration has issued a notice on several tax law amendments that were published in the Official Gazette on 31 December 2021. The amendments are generally effective from 1 January 2022.
Corporate Income Tax Law
Corporate and Withholding Tax Rates
With respect to the Corporate Income Tax Law, one of the key amendments is the introduction of new progressive income tax rates, replacing the single 9% rate as follows:
- up to EUR 100,000.00 - 9%
- EUR 100,…