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Montenegro introduces a reduced VAT rate on baby diapers, feminine hygiene products, and solar panels
Summary
On December 16, 2022, Montenegro published an amendment law in the Official Gazette of Montenegro that introduces a reduction in the VAT rate on baby diapers and feminine hygiene products from 21% to 7%.
Content
In terms of the VAT reduction on solar panels, the Montenegrin Parliament adopted it somewhat earlier through amendments to the Law on Value-Added Tax and the Law on Planning and Construction.
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