Latest Treaty Updates: Montenegro


Treaty Update: Austria - Montenegro

25/6/2014

Austria and Montenegro signed a DTA on June 17, 2014.


Treaty Update: Spain - Montenegro

3/3/2014

According to preliminary media reports, Spain and Montenegro have held a first round of negotiations towards a DTA.


Treaty Update: Montenegro - Portugal

22/10/2013

According to preliminary media reports, Montenegro and Portugal have concluded a first round towards the negotiation of a double tax agreement.


Treaty Update: Montenegro - Georgia

26/10/2012

According to preliminary media reports, the government of Montenegro on October 17, 2012, confirmed that it has agreed with Georgia to launch negotiations towards a double tax agreement.


Treaty Update: Austria - Montenegro

2/10/2012

According to preliminary media reports, Austria and Montenegro initialled a DTA on September 19, 2012.


Treaty Update: United Arab Emirates - Montenegro

17/8/2012

The United Arab Emirates (UAE) Cabinet on August 11, 2012, ratified the DTA signed between the UAE and Montenegro on March 26, 2012.


Treaty Update: Qatar - Montenegro

16/7/2012

According to preliminary media reports, Qatar and Montenegro on July 10, 2012, concluded three-days of talks towards the conclusion of a DTA.


Treaty Update: United Arab Emirates - Montenegro

30/3/2012

The government of the United Arab Emirates (UAE) has announced that a DTA between the UAE and Montenegro was signed on March 26, 2012.


Treaty Update: Ireland - Montenegro

5/1/2012

According to the Revenue Commissioners, Ireland's DTA with Montenegro entered into force on December 1, 2011, and became effective on January 1, 2012.


Treaty Update: Serbia - Montenegro

4/1/2012

According to preliminary media reports, the DTA signed between Serbia and Montenegro entered into force on December 21, 2011, and became effective on January 1, 2012.


Treaty Update: Montenegro - Serbia

22/12/2011

According to preliminary media reports, on December 20, 2011, Montenegro ratified the DTA signed with Serbia.


Treaty Update: Montenegro - Serbia

22/7/2011

According to preliminary media reports, Montenegro and Serbia signed a DTA on July 20, 2011.


Treaty Update: Ireland - Montenegro

26/5/2011

The DTA was signed on October 7, 2010. In Montenegro, the DTA applies to corporate profit tax, and personal income tax. In Ireland, the DTA applies to income tax, income levy, corporate tax and capital gains tax. It provides permanent establishment rules, business profits rules, and income from immovable property rules, and for the elimination of double taxation and for the exchange of information. Dividend withholding tax is charged at: 5% if the beneficial owner is a company holding at least 10% of the capital of the paying company, and 10% in all other cases. Interest withholding tax is charged at a maximum 10%. Royalty withholding tax is charged at 5% on the copyright of literary, artistic or scientific work, and at 10% on patent, trade mark, design, model, plan, etc, or for information concerning industrial, commercial or scientific experience.


Treaty Update: Montenegro - United Arab Emirates

25/5/2011

Talks concluded. Ministers agreed to take all the necessary steps towards its signing at the earliest opportunity. When signed and ratified, the deal will, according to the Montenegrin government, eliminate the double taxation of Montenegrin and UAE residents, remove tax barriers to foreign investment, and implement the principle of the equal tax treatment of natural and legal persons.




Treaty Updates by Territory


Latest News


UAE, Montenegro Ink DTA, Investment Treaty 4/4/2012
The United Arab Emirates has signed a double taxation agreement and an investment promotion and protection treaty with the Republic of Montenegro.

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Montenegro, UAE Agree DTA 17/5/2011
Montenegro and the United Arab Emirates have concluded their latest set of talks on the completion of a double tax agreement between the two countries, agreeing also to take all the necessary steps towards its signing at the earliest opportunity.

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Ireland Signs Sixtieth DTA, With Montenegro 15/10/2010
The Irish government has announced the signing of its 60th double tax agreement, the latest with Montenegro on October 7.

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Hong Kong Property Taxes Reviewed 16/3/2010
Hong Kong’s Financial Secretary, John C Tsang, made the traditional post-budget speech at the Joint Business Community Luncheon on March 12 and, in particular, reviewed the tax measures taken to increase the transaction cost of property speculation so as to reduce the risk of a property bubble being created.

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NZ Emissions 'Tax' Attacked 15/3/2010
The ACT New Zealand Party, a member of the country’s present coalition government, has continued its opposition to New Zealand’s new carbon emissions trading scheme, calling it a tax that will increase inflation in the economy.

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Orascom Loses Algerian Tax Appeal 12/3/2010
Egyptian telecom company, Orascom Telecom, has announced that its Algerian subsidiary, Orascom Telecom Algérie, has received a rejection to its appeal, made in December last year, against the notice for taxes and penalties it had received from the Algerian tax authorities the month previously.

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Switzerland, Slovakia Initial Revised DTA 12/3/2010
It has recently emerged that Switzerland and Slovakia have initialled a revised bilateral double taxation agreement, containing the Organization for Economic Cooperation and Development’s standard on tax information exchange.

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UK Budget To Hit The Rich 12/3/2010
Wealthy individuals may have less than two weeks to put plans in place to reduce the tax impact of the Chancellor’s pre-election Budget, warns PKF Accountants and business advisers.

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Malaysia Not Cancelling GST 12/3/2010
After a government meeting, Malaysia’s Second Finance Minister, Datuk Seri Ahmad Husni Hanadzlah, has rejected any suggestion that the proposed introduction of a goods and services tax has been cancelled.

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Australia Promised Full Debate On Tax Review 15/3/2010
Following indications that the Australian government was thinking of a delay to the release of the Henry tax review, the Treasurer, Wayne Swan, has now confirmed that it will be issued in good time for a full debate on any proposed tax changes.

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BVI To Review Taxes And Fees 15/3/2010
British Virgin Islands Prime Minister, Ralph O’Neal has said that the territory will run a budget surplus during 2010, although the government still intends to review indirect taxes and fees on financial services.

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Germany Approves Liechtenstein TIEA 15/3/2010
Germany’s Cabinet has recently approved a bill pertaining to the bilateral tax information exchange agreement with Liechtenstein.

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UAE Completes VAT Study 12/3/2010
Authorities in the United Arab Emirates are inching closer to the introduction of a value-added tax.

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IRS Offers Help To Struggling Taxpayers 14/3/2010
The US Internal Revenue Service has announced several additional steps it is taking this tax season to help people having difficulties meeting their tax obligations because of unemployment or other financial problems.

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Baucus Seeks Trade Preference Reform 15/3/2010
Senate Finance Committee Chairman Max Baucus is leading efforts for reform of US trade preference programs accorded to developing countries.

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Jersey Riding Out Onshore Storm 15/3/2010
Jersey will overcome the evolving challenges being faced by offshore international financial centres, Geoff Cook, Chief Executive of Jersey Finance, told participants at a Breakfast Briefing in London.

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OECD Urges Fiscal Policy Shift 12/3/2010
Governments must now gear their economies towards jobs, international competitiveness and increasing the tax-take, the Organization for Economic Cooperation and Development has said in its latest ‘Going for Growth’ report, analyzing the next step for recovering economies.

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Tax Relief For California Storm Victims 11/3/2010
The State of California’s Franchise Tax Board on March 9 announced special tax relief for California taxpayers affected by the recent severe winter storms that started in January.

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Amazon Retaliates Against Colorado 11/3/2010
Amazon.com cut ties with its Colorado affiliate marketers on March 8 after the US state forged ahead with its plan to introduce a mandatory Internet sales tax on e-businesses with an annual turnover exceeding USD100,000.

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Norway Urged To Revise Fiscal Policy 11/3/2010
The Organization for Economic Cooperation and Development has called on Norwegian authorities to revise fiscal policy in light of the nation’s recovering economy.

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OECD Praises Portugal's Fiscal Plan 11/3/2010
The Organization for Economic Cooperation and Development has welcomed Portugal’s fiscal consolidation plan, emphasizing that it will serve to support growth.

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Belgium's Kilometer Tax Opposed 11/3/2010
The Humanist group cdH of the Walloon parliament in Belgium has rejected the idea of a road tax levied per kilometre travelled, advocating instead the introduction of an inclusive road tax disc, which could then be modified to take certain environmental criteria into account.

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Bahamas Achieves White-Listing 12/3/2010
The Bahamas has achieved a place on the Organization for Economic Cooperation and Development's ‘white list’ following the signing of Tax Information Exchange Agreements with the seven Nordic economies of Denmark, the Faroe Islands, Finland, Greenland, Iceland, Norway and Sweden, on March 10.

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Bahrain And UK Sign DTA 11/3/2010
The Kingdom of Bahrain’s Minister of Finance, Shaikh Ahmed bin Mohammed Al Khalifa, and UK ambassador, Jamie Bowden, signed a comprehensive double taxation agreement between the two countries in Manama on March 10.

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Australia And Chile Sign DTA 11/3/2010
Australia’s Assistant Treasurer, Nick Sherry, has announced that Australia and Chile have signed a comprehensive bilateral double taxation agreement – the second such agreement between Australia and a South American country.

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