On November 4th, the
government of Montenegro announced the
Europe
Now program which sets the strategic
goal of Montenegro's economic
policy – achieving
smart, sustainable, and inclusive economic growth
that will contribute to improving the quality of life of all
its citizens.
This ambitious plan aims to increase the living
standards of all citizens, improve the business and
investment environment and reduce the grey
economy in the labour market.
Europe Now is based on the willingness of the state
to give up part of the revenue in favor of
the employee and employer; thus creating an
environment for new job opportunities and
expanding the tax base.
Bearing in mind that the quality of life depends on disposable
income, the tax burden on wages in Montenegro is the highest
in the region and that only in Montenegro there is no non-taxable
part of wages, economic program Europe
now proposes the following set of measures,
primarily in tax policy:
