New Tax Laws

On July 17, 2026, the following tax regulations were published: - Law on Amendments to the Law on Tax Administration - The law further aligned with EU legal acquis, especially in the areas of information exchange and reporting, established the legal basis for the establishment of the Central Liaison Office, and amended norms related to the determination of late payment interest rates and their calculation. - Law on Amendments to the Law on Corporate Income Tax - The law further aligned with EU legal acquis and clarified norms related to the method of withholding tax on loans and borrowings, as well as the taxation of non-resident entities. - Law on Value Added Tax - The law aligned with EU legal acquis in the area of VAT, particularly in the context of intra-Community transactions. - Law on the Implementation of Regulation (EU) 904/2010 on Administrative Cooperation and Combating VAT Fraud - The law regulates competent authorities, reporting, collection, storage, and exchange of information, penalties, and other issues relevant to the implementation of the Council Regulation (EU) No. on administrative cooperation and combating VAT fraud. - The law enters into force on the eighth day after its publication in the Official Gazette of Montenegro and will apply from the date of Montenegro's accession to the European Union.