SeenewsSeenews
Search
Seenews
AlertsSeenewsSeenews
Searchclose
TOPICS
arrow
COUNTRIES
arrow
INDUSTRY
arrow
Economy
arrow
Browse Economy
Mix and match your focus countries with our advanced search
Investments
arrow
Browse Investments
Mix and match your focus countries with our advanced search
Deals
arrow
Browse Deals
Mix and match your focus countries with our advanced search
Tech
arrow
Browse Tech
Mix and match your focus countries with our advanced search
Green
arrow
Browse Green
Mix and match your focus countries with our advanced search
0/5
You have 5 free articles left this month
You have 0/5 free articles
Sign up to get 5 more free articles this month
SIGN UP
arrow
LOGIN
arrow

Montenegro, Czech Republic agree to avoid double taxation

Feb 22, 2024, 10:59:55 AMArticle by Djordje Jajcanin
share
February 22 (SeeNews) - Montenegro and the Czech Republic signed an agreement to avoid double taxation of income and prevent tax evasion in a bid to improve economic cooperation between the two countries, Montenegro’s finance ministry said on Wednesday.

Montenegro, Czech Republic agree to avoid double taxation
Photo: Montenegro Finance Ministry

The agreement provides support for existing investments and incentives for new ones by easing the administrative and fiscal burden, the ministry said in a press release.

According to the latest available statistics published by the Montenegrin government, in 2020 imports from the Czech Republic amounted to 23.8 million euro ($25.7 million), while exports totalled 11.5 million euro.

($ = 0.9252 euro)

Your complete guide to the emerging economies of Southeast Europe. From latest news to bespoke research – the big picture at the tip of your fingers.