Montenegro: Draft Budget for 2017 adopted

Posted on Updated on

The government of Montenegro has adopted the draft budget 2017 on 18th December 2016. The main changes are given as follows:

  • the application of 11% increased tax rate for personal income more than the average salary will be extended until 2019;
  • excise duty on mineral oils will be elevated;
  • computer equipment will be subject to 19% standard VAT.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s