In mid-July 2026, the Montenegro Tax Administration announced the publication of several amendments and supplements to sub-legislative tax acts in the Official Gazette of Montenegro, Issue No. 104/26, dated July 17, 2026. These regulatory updates form part of the Administration’s ongoing program to align domestic tax legislation with European Union administrative standards, improve the clarity of general tax provisions, and enhance the operational efficiency of tax registration and compliance procedures. The published instruments include targeted modifications to the Rulebook on the Manner of Keeping and Submission of Tax Records, the Rulebook on the Methodology for Calculating Value-Added Tax, and the Rulebook on the Administration of Excise Duties on Selected Goods. Key amendments focus on the digitalization of tax record-keeping, the expansion of eligible input tax deduction categories for small and medium-sized enterprises, and the clarification of customs valuation methods for imported goods under the Union Customs Code. The updates also introduce simplified electronic filing options for periodic tax returns, aimed at reducing the administrative burden on micro-entrepreneurs and facilitating real-time data exchange with the Integrated Registration and Monitoring System (IRMS). Furthermore, the amendments incorporate provisions for the automatic exchange of information with neighboring jurisdictions, reflecting Montenegro’s commitment to international tax cooperation and the prevention of base erosion and profit shifting. The publication of these instruments is accompanied by a mandatory compliance period of 30 days from the date of official publication, after which the revised regulations will become fully enforceable. Tax professionals and corporate legal departments are advised to review the updated rulebooks promptly and adjust their internal compliance frameworks accordingly to ensure uninterrupted adherence to the new procedural requirements.
Key Takeaways
- Publication of Updated Sub-Legislative Tax Rulebooks: Official Gazette Issue No. 104/26, dated July 17, 2026, features amendments to records-keeping, VAT calculation, and excise duty administration rulebooks, aimed at modernizing tax administration and enhancing compliance efficiency.
- Digitalization and SME Support: Key changes include the expansion of input tax deduction eligibility for small and medium enterprises, the introduction of simplified electronic filing for periodic returns, and greater integration with the IRMS digital platform.
Disclaimer:This article is compiled and summarized based on publicly available information and is for general information and academic exchange purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. For tax planning, please consult a qualified professional tax advisor or legal counsel.
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