Czech Republic’s President Petr Pavel enacted the law ratifying the pending income tax treaty with Montenegro on 1 October 2024.
The treaty was signed by the two nations on 20 February 2024, aimed at preventing double taxation of income and combating tax evasion.
Once implemented, it will supersede the 2004 tax treaty between the Czech Republic and the former Serbia and Montenegro. The treaty will take effect upon the exchange of ratification instruments and will apply from January 1 of the year following its entry into force.