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15.07.2010

Report on XIV General Assembly of IOTA in Brussels, 8-9 July 2010

Report  on XIV General Assembly of IOTA in Brussels, 8-9 July 2010

The 14th General Assembly of the Intra-European Organisation of Tax Administrations (IOTA) was organised and hosted by the Federal Public Service Finance of the Kingdom of Belgium and held in Brussels on 8-9 July 2010. High representatives of member Tax Administrations met each other, celebrating the 13th anniversary of this international Organisation. One hundred and fifty eight delegates from forty five countries, local Secretariat and IOTA`s Secretariat, and twelve international organisations attended the Assembly.




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  1. Do you know that 65% of the amount of business expenses for services of renting accommodation to tourists within domestic industry is recognized upon tax assessment?


Current News

26.07.2010.

CLAIMS FOR VAT REFUND OF OVER 5 MILLION € DURING JUNE

During JUNE 2010 76 claims for VAT refund and redirection of funds from tax credit for paying tax liabilities were submitted to the Tax Administration.

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21.07.2010.

Report On corporate profit tax returns in 2009 and activities taken in Branch offices for provision of these returns until 30.06.2010

Corporate profit tax returns are submitted to competent Tax Administration Branch Offices, in line with Article 40 of the Law on corporate profit tax („Official Gazette of the Republic of Montenegro“ Nos. 65/01, 80/04 and „Official Gazette of Montenegro“ Nos. 40/08, 86/09), no later than 3 months after the expiry of the period for which tax is assessed. The tax period is a financial, i.e. calender year, except for cases of liqidation or business starting up during the year. After this deadline date Branch Offices are obliged to take measures for provision of delinquent tax returns.

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19.07.2010.

The Number of Delinquent Returns in Constant Decrease

In line with the Agenda and precisely planned activities, the Tax Administration, apart from regular monthly collection tasks, carries out also the collection of tax arrears.

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16.07.2010.

TAX ADMINISTRATION SIGNIFICANTLY REDUCED TAX ARREARS

In line with the Agenda for precisely planned activities, the Tax Administration, apart from regular monthly collection tasks, also carries out the collection of tax arrears. During JUNE 2010 the Tax Administration gained income in the amount of 8.274.158 € for the State Budget, collecting the "delinquency debt".

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15.07.2010.

Report on XIV General Assembly of IOTA in Brussels, 8-9 July 2010

Report  on XIV General Assembly of IOTA in Brussels, 8-9 July 2010

The 14th General Assembly of the Intra-European Organisation of Tax Administrations (IOTA) was organised and hosted by the Federal Public Service Finance of the Kingdom of Belgium and held in Brussels on 8-9 July 2010. High representatives of member Tax Administrations met each other, celebrating the 13th anniversary of this international Organisation. One hundred and fifty eight delegates from forty five countries, local Secretariat and IOTA`s Secretariat, and twelve international organisations attended the Assembly.

more...