Montenegro’s Tax Administration announced on 8 October 2026 that total tax revenue collected during the first nine months of the year reached 1.37 billion euros, according to official data released by the authority. This figure represents a significant milestone in the country’s fiscal consolidation efforts and reflects ongoing improvements in tax compliance, digitalization of collection processes, and expanded audit activities. The announcement was made as part of the Administration’s quarterly reporting obligations under the Law on Tax Administration and aligns with the government’s medium-term revenue strategy for 2024-2027. The collection includes all major tax categories: value-added tax (VAT), corporate income tax, personal income tax, excise duties, and social security contributions. The result exceeds the proportional target for the period, signaling robust economic activity and effective enforcement measures.
Key Takeaways
- Revenue Surpasses Nine-Month Target: The 1.37 billion euro collection exceeds the prorated annual budget projection, driven by strong VAT performance from tourism and construction sectors, alongside improved corporate profitability reporting.
- Digital Compliance Drives Efficiency: Mandatory e-invoicing and real-time fiscalization systems introduced in 2024 have reduced the VAT gap by an estimated 12%, enabling faster detection of underreporting and automated cross-checks.
- Audit Yield Increases: Targeted audits on high-net-worth individuals and cross-border transactions generated an additional 84 million euros in assessed liabilities, with 62% already collected through enforced recovery procedures.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement