Montenegro's Tax Administration has published a rulebook outlining products and services eligible for a reduced VAT rate, effective January 1, 2025, including basic foods, medical devices, and public transportation.
The tax administration of Montenegro published the rulebook for products and services taxed at a reduced VAT rate.
Public
Montenegro
Author: Nikolina Basić
Category:
Fiscal subject related
Views:
213
Content accuracy validation date:
22.01.2025
Content accuracy validation time:
07:59h
In accordance with the latest updates regarding changes of VAT rates in Montenegro, effective from January 1st, 2025, the Montenegrin Tax Administration published a rulebook on determining products and services that are taxed at a reduced VAT rate.
It serves as a guide to taxpayers for better understanding of which types of goods/services are taxed with the reduced VAT rate, with a detailed overview and conditions for it.
It includes products and services such as basic foods, orthotic and prosthetic devices, other medical products, school books and teaching equipment, newspapers, public transportation services, animal food, accommodation services, etc.
The rulebook (in the Montenegrin language) can be found on this link: https://www.gov.me/dokumenta/4142503b-c46c-422f-a992-246b5931d7b2
Other news from Montenegro
Similarities between fiscalization systems in Albania and Montenegro
Public
Author: Nikolina Basić
The fiscalization systems in Albania and Montenegro share similarities, including real-time communication with tax authorities, mandatory transaction authorization, and flexibility regarding software and hardware specifications. However, notable differences remain in legal requirements, data registration obligations, and specific receipt details The fiscalization systems in Montenegro and Albania... Read more
New document was uploaded: S4F backoffice patch
Author: Kristina Dosen
S4F backoffice patch is intended for users who have already installed S4F backoffice and are intended to update existing installations to latest version. To do so apply only patches that are marked with version number that is newer than your currently installed instance of backoffice. Read more
New document was uploaded: S4F backoffice patch
Author: Kristina Dosen
S4F backoffice patch is intended for users who have already installed S4F backoffice and are intended to update existing installations to latest version. To do so apply only patches that are marked with version number that is newer than your currently installed instance of backoffice. Read more
New document was uploaded: S4F backoffice patch
Author: Kristina Dosen
S4F backoffice patch is intended for users who have already installed S4F backoffice and are intended to update existing installations to latest version. To do so apply only patches that are marked with version number that is newer than your currently installed instance of backoffice. Read more
New document was uploaded: Modern payment media - Montenegro
Montenegro
Author: Nikolina Basić
The purpose of this document is to provide insight into the most used payment methods in Montenegro sales transactions from the fiscalization perspective. Also, to determine whether modern payments are used and their impact on fiscalization. Read more
Important notice from the Tax Administration in Montenegro
Montenegro
Author: Nikolina Basić
Montenegro's Tax Administration has announced updates to the VAT system, introducing a reduced 15% VAT rate effective January 1, 2025, by amendments to the VAT Law. This rate applies to specific goods and services, including books, accommodation, certain food services, cultural events, and solar panels, among others. Read more