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The Parliament adopted the Law on Hydrocarbons Tax

Published on: Jul 22, 2014 • 4:47 PM Author: M
The Parliament of Montenegro has adopted the Law on Hydrocarbons Tax on 16th of July 2014, which introduces the new tax levy and creates tax policy on profit gained from extracting oil and gas, and from the construction or use of facilities and related equipment for production, delivery and transport of oil and gas. The Parliament also adopted several amendments, the most important being the tax rate level which is 54%.

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