Montenegro has complex taxation system with extensive legislation in place at the national and local level, and majority of tax burden, through years, was put on citizens. Taxation implementation faces significant problems – the amount of taxes uncollected by the state exceeds 777 million euros, while at the same time the country faces with significant public debt. Various tax deliberations are in place to stimulate direct foreign and domestic investments, but in several cases they have been related to individuals linked with the ruling elite. The State has no information on funds lost for the purpose of the tax deliberations, and according to the international organizations, Montenegro is still not very favourable for investments.
Complete analysis download HERE (PDF)
