Montenegro’s tax debt reached €745.9 million by August, including €455.9 million in principal and €290 million in interest, according to the Tax Administration (PU).
Gross tax and contribution collections from January to August totaled €955.4 million, up €3.3 million compared to the same period in 2024, achieving 99.1% of the planned target. Current tax obligations are largely being met, with collection rates over 90%, but older debts remain a challenge, especially those of individuals, for which precise data is not available.
Value-added tax (VAT) collections saw the largest increase, rising 21% to €295 million compared to last year. Corporate income tax collections totaled €216 million, up 9%. Social security contributions fell 31% to €230 million, reflecting reduced contribution rates under recent legislative changes aimed at easing the labor burden.
In 2024, total tax revenue reached €1.46 billion, 16% higher than in 2023, with the tax debt at €655 million, €90.9 million less than the current level.
