The income and capital tax treaty between Luxembourg and Montenegro was signed on 29 January 2024. The treaty is the first of its kind between the two countries.
Taxes Covered
The treaty covers Luxembourg income tax on individuals, corporation tax, capital tax, and communal trade tax. It covers Montenegrin corporate profit tax and personal income tax.
Withholding Tax Rates
- Dividends - 5% if the beneficial owner is a company that directly or indirectly holds at least 10% of the paying co…