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3 hours agoSentences of up to 400,000 euros for false bills in Montenegro
Periskopi(7 years ago)
(7 years ago)A company that does not issue an electronic bill taxed since January next year risks paying fines of up to 40,000 euros. This is obviously more than the maximum law in Montenegro predicts. According to Mina agency, the Law on Electronic Fiscation of Products and Services envisions fines of 8 thousand to [...]
This is obviously more than the maximum law in Montenegro predicts.
According to Mina agency, the Law for Electronic Fiscal Fiscalisation of Products and Services provides fines of 8 thousand to 40 thousand euros for a company unless it issues fiscal bills using a fiscal service and a host of other works, Kosovo Press broadcasts.
A fine of two thousand to 12,000 euros is envisioned for the entrepreneur, and from 1.3 thousand to 4 thousand euros per individual.
The current value added tax law envisions a fine of three thousand euros to ten thousand euros for a company that does not issue a bill, and from six thousand to 20 thousand euros if the VAT does not count at the time of the obligation, writes the newspaper “Pobjeda”.
Montenegro's Finance Ministry clarified that they decided on a significant increase in fines, among other things, as it was a recommendation of the International Monetary Fund (FMN).
