Corporate Tax Rate in Montenegro remained unchanged at 9 percent in 2021 from 9 percent in 2020. source: Department of Public Revenues, Montenegro

Corporate Tax Rate in Montenegro averaged 10.16 percent from 2003 until 2021, reaching an all time high of 20 percent in 2004 and a record low of 9 percent in 2005. This page provides - Montenegro Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Montenegro Corporate Tax Rate - values, historical data and charts - was last updated on February of 2023.

Corporate Tax Rate in Montenegro is expected to reach 9.00 percent by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the Montenegro Corporate Tax Rate is projected to trend around 9.00 percent in 2024, according to our econometric models.

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Montenegro Corporate Tax Rate

Related Last Previous Unit Reference
Personal Income Tax Rate 9.00 9.00 percent Dec 2021
Corporate Tax Rate 9.00 9.00 percent Dec 2021
Sales Tax Rate 21.00 21.00 percent Dec 2022

Montenegro Corporate Tax Rate
In Montenegro, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Montenegro.
Actual Previous Highest Lowest Dates Unit Frequency
9.00 9.00 20.00 9.00 2003 - 2021 percent Yearly