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Montenegro Tax News 2011



Montenegro Tax Update 2011


July 2011
Capital gains from sale of real estate and shares is taxed at 9%.
Social security rates have been changed. An increase in the employee's share and a decrease in the employer's share.

Montenegro Tax Rates 2009


September 2009
The individual income tax rate in 2009 is12%, compared to 15% in 2008. The corporate income tax rate is 9%.
The standard V.A.T. rate in Montenegro is 17%.





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