Total tax and contribution rate (% of profit) in Montenegro was reported at 22.2 % in 2019, according to the World Bank collection of development indicators, compiled from officially recognized sources. Montenegro - Total tax rate (% of profit) - actual values, historical data, forecasts and projections were sourced from the World Bank on October of 2020.


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 montenegro total tax rate percent of profit wb data


Total tax rate measures the amount of taxes and mandatory contributions payable by businesses after accounting for allowable deductions and exemptions as a share of commercial profits. Taxes withheld (such as personal income tax) or collected and remitted to tax authorities (such as value added taxes, sales taxes or goods and service taxes) are excluded.


Montenegro | World Bank Development Indicators