The Government has submitted to the Parliament of Montenegro a draft law on amendments to the Law on Tax Administration, which introduces general obligations for tax registration for both domestic and foreign legal entities and individuals, with the aim of strengthening tax discipline and legal certainty.
The most significant change concerns amendments to Article 27, which more precisely define the persons obliged to submit a registration application. According to the proposed solution, this obligation will be imposed on domestic and foreign legal entities and individuals who carry out activities, receive income, or own property in Montenegro or abroad, or in Montenegro in the case of foreign persons, CdM reports.
“The proposed amendments ensure equal treatment in the general registration of taxpayers, both domestic and foreign legal entities, as well as domestic and foreign individuals,” the document states.
The amendments also concern Articles 29 and 32, which relate to the procedure and deadlines for submitting applications, and their purpose is to align them with the new definition of a person subject to registration.
As the Government notes, the need for changes arose from practice, namely from the need for a comprehensive definition of persons subject to general registration as taxpayers.
“This ensures legal certainty, equality of all taxpayers, and consistent application of rules with the aim of maintaining comprehensive records,” the explanation states.
The CdM report also notes that the proposed solution will contribute to improving the control and monitoring of taxpayers, as well as strengthening tax discipline.
The law should enter into force on the day following its publication in the Official Gazette, and the Government proposes its adoption under an urgent procedure.
“A delay in adopting this law may create difficulties in the implementation of the existing solution and potentially generate legal uncertainty,” the document warns.
As stated, there is no need to allocate additional budget funds for the implementation of this law.
Proof: https://mondo.me/info/Ekonomija/a1358581/Nove-odredbe-Zakona-o-poreskoj-administraciji.html
Article in our Telegram channel: https://t.me/kf_legalafy_guide/215
The most significant change concerns amendments to Article 27, which more precisely define the persons obliged to submit a registration application. According to the proposed solution, this obligation will be imposed on domestic and foreign legal entities and individuals who carry out activities, receive income, or own property in Montenegro or abroad, or in Montenegro in the case of foreign persons, CdM reports.
“The proposed amendments ensure equal treatment in the general registration of taxpayers, both domestic and foreign legal entities, as well as domestic and foreign individuals,” the document states.
The amendments also concern Articles 29 and 32, which relate to the procedure and deadlines for submitting applications, and their purpose is to align them with the new definition of a person subject to registration.
As the Government notes, the need for changes arose from practice, namely from the need for a comprehensive definition of persons subject to general registration as taxpayers.
“This ensures legal certainty, equality of all taxpayers, and consistent application of rules with the aim of maintaining comprehensive records,” the explanation states.
The CdM report also notes that the proposed solution will contribute to improving the control and monitoring of taxpayers, as well as strengthening tax discipline.
The law should enter into force on the day following its publication in the Official Gazette, and the Government proposes its adoption under an urgent procedure.
“A delay in adopting this law may create difficulties in the implementation of the existing solution and potentially generate legal uncertainty,” the document warns.
As stated, there is no need to allocate additional budget funds for the implementation of this law.
Proof: https://mondo.me/info/Ekonomija/a1358581/Nove-odredbe-Zakona-o-poreskoj-administraciji.html
Article in our Telegram channel: https://t.me/kf_legalafy_guide/215